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When a company buys back its common stock in the open market, what might it be signaling to investors? It believes that the stock

When a company buys back its common stock in the open market, what might it be signaling to investors? It believes that the stock is overvalued. O Future growth opportunities are limited and stock repurchase was a better use of excess cash. Its future growth opportunities are better. It is trying to get rid of shareholders who do not support management's decisions.

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