Essays about: "stock repurchase"

Showing result 1 - 5 of 19 essays containing the words stock repurchase.

  1. 1. The Impact of Share Repurchases on Stock Liquidity During Market Distress

    University essay from Göteborgs universitet/Graduate School

    Author : Björn Landelius; Kasper Lindqvist; [2023-07-04]
    Keywords : Share repurchase; Stock liquidity; Market distress; Information asymmetry; Competing market;

    Abstract : Since stock repurchases were first introduced in the late 1960 its growth has been significant. This has led to increasing interest among researchers regarding the motives behind them and their post-effects. While stock repurchase research is extensive, the focus on the effect of stock repurchases on liquidity is limited. READ MORE

  3. 2. Factors influencing the share repurchase decision : A look into Nordic firms

    University essay from Umeå universitet/Företagsekonomi

    Author : Fredric Wållberg; Ezra Anglemier; [2021]
    Keywords : Corporate Governance; Share Repurchases; Logistic regression; Payout Policy;

    Abstract : This thesis investigates the relationship between share repurchase decisions and severalfinancial variables the year before. We link financial theories such as signaling,substitution, leverage, excess capital, corporate governance, employee stock option, andlegitimacy theory to this relationship and create a hypothesis to test in a quantitative study. READ MORE

  4. 3. Investment Performance, Importance of Cash Levels, and Descriptive Company Statistics for U.S. Buybacks

    University essay from Göteborgs universitet/Graduate School

    Author : Alfred Kerstis; [2018-07-04]
    Keywords : Buybacks; buy-and-hold returns; excess cash;

    Abstract : An investment strategy based on buying U.S. stocks announcing share repurchase programmes over the period 1999 to 2014 suggest a minor long-run positive drift, with differing significance levels dependent on the test model. READ MORE

  5. 4. Long-term Abnormal Returns Following Share Repurchase Announcements : Do repurchasing firms outperform the market?

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Daniel Lindgren; Petter Sjöberg; [2018]
    Keywords : Open market share repurchase; Abnormal return; Sweden; Stockholm Stock Exchange; NASDAQ OMX Stockholm; Aktieåterköp; Avvikelseavkastning; Stockholmsbörsen; NASDAQ OMX Stockholm;

    Abstract : We study the long-term performance of companies listed on the Stockholm Stock Exchange that announced their intention to repurchase shares between the years of 2005 and 2013. We test the hypothesis that the market underreacts to share repurchase announcements and that repurchasing firms consequently outperform the market in the following years. READ MORE

  6. 5. Interpreting the Repurchase Signal

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Alexander Truedsson; Adam Kindstrand; [2018]
    Keywords : Information asymmetry; Insider trading; Share repurchases; Undervaluation; Abnormal returns; Signaling.; Business and Economics;

    Abstract : The purpose of this study is to examine the potential of improving the interpretation of signals of undervaluation inherent to share repurchases, by accounting for insider trading, level of insider and cash holdings. The goal is to contribute to decreased information asymmetry and increased efficiency in capital markets. READ MORE