Share repurchase motives and stock market reaction.: An article from: Quarterly Journal of Business and Economics

This digital document is an article from Quarterly Journal of Business and Economics, published by University of Nebraska-Lincoln on March 22, 1996. The length of the article is 4188 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Management's motives for stock repurchase are examined with respect to their relationship to observed shareholder wealth effects. Results show the existence of a positive correlation between the control motive for repurchase and observed repurchase premiums. However, no link could be found between repurchase premiums and other management motives such as leverage, undervaluation of stock, dearth of investment opportunities and reissuance.

Citation Details
Title: Share repurchase motives and stock market reaction.
Author: Mike Cudd
Publication:Quarterly Journal of Business and Economics (Refereed)
Date: March 22, 1996
Publisher: University of Nebraska-Lincoln
Volume: v35 Issue: n2 Page: p66(11)

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