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Is share repurchase is a good deal if after the repurchase, the share price increase from $114 per share to $117 per share and the
Is share repurchase is a good deal if after the repurchase, the share price increase from $114 per share to $117 per share and the total value of the firm increase from $16.2 million to $16.5 million?
Discuss clearly how share repurchase has affected the total value of the firm.
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