The Board of Directors for the SIP Corporation authorized the repurchase of some of its common shares. The directors may authorize this action for all of the following reasons, EXCEPT:

Question 30 options:

	they feel that the value of the stock is undervalued.
	they need to accumulate shares to re-distribute them through an employee stock sharing plan.
	they want to defend against an unwanted take-over bid.
	they want to manage the market price of its shares.