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Corporations may buy back their own stock for any of the following reasons except to: Multiple Choice Avoid a hostile take-over. Have shares available for

Corporations may buy back their own stock for any of the following reasons except to:

Multiple Choice

  • Avoid a hostile take-over.

  • Have shares available for a merger or acquisition.

  • Have shares available for employee compensation.

  • Maintain market value for the company stock.

  • Allow management to assume the voting rights.

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