Business, 03.07.2020 16:01, britishgirl1
A stock repurchase program:
a. Requires all shareholders to sell a fraction of their shares Is preferred over a high dividend program only by tax-exempt shareholders.
b. Decreases both the number of shares outstanding and the market price per share.
c. Has no effect on a firm's financial statements Is essentially the same as a cash dividend program provided there are no taxes or other costs.
Answers: 3
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A stock repurchase program:
a. Requires all shareholders to sell a fraction of their shares Is pref...
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