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Why do companies explicitly buyback their own stock? (select all that apply) To grant stock to employees as part of their compensation package To manipulate
Why do companies explicitly buyback their own stock? (select all that apply) To grant stock to employees as part of their compensation package To manipulate the market price of their stock, especially when they think the market price is too low To return capital to investors as buybacks tend to increase share prices To avoid giving raises to employees To avoid having excess cash to cushion emergencies since the rate of return on cash equivalents is very low
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