For a large public company, paying cash dividends to shareholders will ____; repurchasing shares from shareholders is likely to _____.

reduce the companys share price because it decreases the companys total asset value; reduce the companys share price because it decreases the companys asset value

reduce the companys share price because it decreases the companys asset value; raise the companys share price because it signals good news to the stock market

reduce the companys share price because it decreases the companys asset value; raise the companys share price because it reduces the number of shares outstanding

raise the companys share price because it sends good signal to the stock market; raise the companys share price because it reduces the outstanding shares number