Question 10 5 points Save Answer Which of the following is not an advantage of a repurchase? O a A repurchase announcement may be viewed as a positive signal by investors because repurchases are often motivated by managements belief that their firms' shares are undervalued O b. Stockholders are often indifferent between dividends and repurchases, and repurchases are generally just as dependable as dividends. OC Stockholders have a choice when the firm distributes cash by repurchasing stock they can sell or not sell their shares Od. A repurchase can remove a large block of stock that is overhanging the market and keeping the price per share down. O Repurchases can be used to produce large-scale changes in a firm's capital structure