Essays about: "Share repurchasing"

Showing result 1 - 5 of 9 essays containing the words Share repurchasing.

1. 1. 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

3. 2. Share repurchases and abnormal returns

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Kristoffer Algerstam; Nils Charbonnel; [2020]
   Keywords : Share repurchases; abnormal returns;

   Abstract : In this paper we examine abnormal returns during active repurchasing programs and if the intensity of repurchasing programs impacts the returns. Through the Jensen’s Alpha approach our findings show us that positive abnormal returns are experienced by repurchasing firms under our study period that ranges from 2010 to 2019. READ MORE

4. 3. Why would firms choose dividends over share repurchases?

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Emma Jansson; Chonnikarn Janesiripanich; [2018]
   Keywords : Dividend; Share repurchase; Firm value; Panel data; Business and Economics;

   Abstract : This study investigates the relationship between the two different payout policies, dividends and share repurchases, and firm value in the Swedish market. We aim to clarify how the lack of difference in taxation of dividends and capital gains in Sweden affects investors’ preferences for different payout policies and whether a certain payout policy incentivizes investor to pay extra for a firm that applies this policy. 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