Which of the following statements is correct regarding an on-market buyback? None of the other statements is correct regarding an on-market buyback. More than one of the other statements is correct regarding an on-market buyback. An on-market buyback generally creates an expectation by shareholders that the firm will continue to buy back shares in subsequent periods. Imputation credits cannot be passed onto shareholders via an on-market buyback. Only resident shareholders can participate in an on-market buyback