Excerpt from Targeted Repurchases and Common Stock Returns
The principal finding of this study is that stockholders of repurchasingfirms benefit from investments that conclude with a targeted repurchase.
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Paperback. Zustand: New. Print on Demand. This book analyzes the effects of targeted stock repurchases on company share prices. It presents fresh evidence on the price impact of these transactions, which see a firm buy back a large block of its shares from a single major shareholder, often at a premium. The author finds that while such repurchases typically cause a short-term decline in the company's share price, this is more than offset by price increases associated with the initial investment announcement and related intervening events. The author also finds that targeted repurchases preceded by a potential or actual takeover attempt, or accompanied by a standstill agreement, have a more pronounced negative effect on share price. The book discusses these findings in the context of the broader debate on targeted repurchases, exploring their implications for stakeholders and corporate governance. Ultimately, it concludes that these transactions should be viewed as part of a larger investment process that includes various potential outcomes, and that their impact on share price cannot be fully understood without considering the broader context. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781332247325_0
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Anbieter: PBShop.store US, Wood Dale, IL, USA
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332247325
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332247325
Anzahl: 15 verfügbar