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Which of the following is INCORRECT regarding stock repurchase? A. Stock repurchase reduces the outstanding shares. B. Shareholders receive more dividends from share repurchase. C.

Which of the following is INCORRECT regarding stock repurchase?

A. Stock repurchase reduces the outstanding shares.

B. Shareholders receive more dividends from share repurchase.

C. Stock repurchase increases the earnings per share.

D. Stock repurchase does not directly pay stockholders, but it concentrates ownership which benefits remaining stockholders.

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