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Found 3 essays matching the above criteria.

  1. 1. Pandemic Reactions: A study on the impact of share repurchase announcements on abnormal returns during the Covid-19 pandemic

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Emilia Held; Nathalie Stenvall; [2022]
    Keywords : Covid-19; Share repurchase; Announcements; Nasdaq; NYSE;

    Abstract : This paper examines how U.S. equities listed on Nasdaq and NYSE reacted to open-market share repurchase announcements during Covid-19. We document abnormal returns following share repurchase announcements during the pandemic and attempt to investigate if a causal relationship can be established. READ MORE

  2. 2. 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

  3. 3. Information Asymmetries and Insider Trading in Swedish Share Repurchasing Firms : A comparison between CEOs and CFOs

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Tommy Lund; [2015]
    Keywords : Insiders; Share repurchasing; CEO; CFO; Abnormal return; Information asymmetries;

    Abstract : Prior studies have shown that insiders can make substantial abnormal profits due to their information advantage over the market, which has resulted in insiders becoming more scrutinized. Concurrently, companies that are carrying out share repurchase programs have become increasingly popular and have been proven to have a positive effect on the companies' stock prices and also resulted in abnormal returns. READ MORE