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Which of the following statements is NOT CORRECT? A company can repurchase stock to distribute a large one-time cash inflow, say from the sale of

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Which of the following statements is NOT CORRECT? A company can repurchase stock to distribute a large one-time cash inflow, say from the sale of a division, to stockholders without having to increase its regular dividend O Large stock repurchases financed by debt tend to increase expected earnings per share and decrease the firm's financial risk. O Stock repurchases can be used by a firm as part of a plan to change its capital structure, O Investors may interpret a stock repurchase program as a signal that the firm's managers believe the stock is undervalued, or, alternatively, as a signal that the firm does not have many good investment opportunities. O After a 3-for-1 stock split, a company's price per share should fall, but the number of shares outstanding will rise

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