Petroxy Company expects to earn $4,800,000 this year. The company currently has 910,000 shares outstanding, and the shares have a per-share market price of $21. Assuming that Petroxy's price-to-earnings (P/E) ratio remains constant and its earnings are unaffected by a share repurchase transaction, then the company's expected market price per share-if it repurchases 80,000 shares at the current market price-should be Which of these factors are considered an advantage of a stock repurchase? Check all that apply. The price of the firm's stock might benefit more from cash dividends than from a repurchase. When a firm distributes cash by repurchasing stock, stockholders have the option to either sell or not sell stock. Repurchases can be used to produce large-scale changes in capital structure