Question
TRUE or FALSE: In theory, stock repurchases should not provide value to the firm's equityholders, as while repurchases decrease the supply of the firm's shares
TRUE or FALSE: "In theory, stock repurchases should not provide value to the firm's equityholders, as while repurchases decrease the supply of the firm's shares they also decrease the firm's cash on hand and/or increase liabilities (in order to fund the buyback). However, in actuality, there does seem to be a positive link between stock repurchases and strong stock returns."
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
