Stock repurchase

Lecture "Corporate finance: Chapter 5 - Dividend policy" provide students with content about: Overview of dividends and dividend policy; Establishing a dividend policy; Factors influencing dividendpolicy; Stock repurchase;... Please refer to the detailed lecture content!

30p gaupanda031 13-05-2024 3 1   Download

includes contents: The Cost of Capital; The Basics of Capital Budgeting; Cash Flow Estimation and Risk Analysis; Other Topics in Capital Budgeting; Distributions to Shareholders: Dividends and Share Repurchases; Hybrid Financing: Preferred Stock, Leasing, Warrants, and Convertibles;...Please refer to the documentation for more details.

339p haojiubujain03 24-07-2023 9 4   Download

Ebook Fundamentals of Financial Management (Eleventh Edition): Part 2 presents the following content: The Cost of Capital; The Basics of Capital Budgeting; Cash Flow Estimation and Risk Analysis; Other Topics in Capital Budgeting; Distributions to Shareholders: Dividends and Share Repurchases; Hybrid Financing: Preferred Stock, Leasing, Warrants, and Convertibles;...Please refer to the documentation for more details.

440p chankora 16-06-2023 4 3   Download

The finding shows that stock repurchase announcements result in a positive and significant valuation effect for both announcing firms and rival firms in Vietnam. Furthermore, the degree of signal to the industry is conditional on the degree of signal about the announcing firms as a contagious effect. Intra-industry effects are more favorable when profit performance of rival firms is good and when leverage of rival firms is low.

14p caygaocaolon5 19-05-2020 24 4   Download

Chapter 17 cover a variety of topics related to dividends and corporate payout policies. After studying this chapter, you should understand: Dividend types and how dividends are paid, the issues surrounding dividend policy decisions, the difference between cash and stock dividends, why share repurchases are an alternative to dividends.

30p thuongdanguyetan03 18-04-2020 24 3   Download

Chapter 18 provides knowledge of distributions to shareholders: Dividends and repurchases. This chapter presents the following content: Theories of investor preferences, signaling effects, residual model, stock repurchases, stock dividends and stock splits, dividend reinvestment plans.

24p abcxyz123_04 30-03-2020 13 2   Download

In this study, we explore the influence of market timing on insider trading and buy-and-hold abnormal returns by the sample of Taiwan listed companies at stock exchange market and the firms at over-the-counter (OTC) market from 2001 to 2016. According to Dittmar and Field [7], we use the relative repurchase price (RRP) to measure the strength of market timing abilities when firm repurchases its own stock. We find that the stronger market timing ability is accompanied with the greater insider net buying. Thus, insiders can indeed know the company’s future information when firms repurchase.

20p trinhthamhodang2 19-01-2020 46 3   Download

The thesis focuses on studying the motivation to buy back shares and the effects of stock repurchase at listed industrial companies in Vietnam, thereby offering solutions to help these companies implement share repurchase effectively. In addition, the thesis also analyzes the impact of stock repurchase in listed industrial companies on investors and companies in the same industry.

27p bibianh 19-09-2019 31 3   Download

Chapter 17, dividends, stock repurchases, and payout policy. After studying this chapter you will be able to: Dividend types and how dividends are paid, the issues surrounding dividend policy decisions, the difference between cash and stock dividends, why share repurchases are an alternative to dividends.

54p shiwo_ding6 25-05-2019 15 2   Download

Lecture "Fundamentals of finance management (10/E) - Chapter 14: Distributions to shareholders - Dividends and share repurchases" has contents: Theories of investor preferences, signaling effects, residual model, dividend reinvestment plans, stock dividends and stock splits, stock repurchases.

27p cutyhn 30-05-2017 47 1   Download

This chapter presents the following content: Theories of investor preferences, signaling effects, residual model, dividend reinvestment plans, stock dividends and stock splits, stock repurchases.

27p hihihaha8 10-04-2017 37 2   Download

Chapter 15 - Financial reporting for owners' equity. After studying this chapter you will be able to understand: Why some financing transactions—like debt repurchases—produce reported gains and losses, while others—like stock repurchases—do not? Why companies buy back their stock, and how they do it? Why some preferred stock resembles debt, and how preferred stock is reported on financial statements?

42p nhanmotchut_5 02-11-2016 60 2   Download

Chapter 6 - Dividends and share repurchases: Basics. This chapter describe regular cash dividends, extra dividends, stock dividends, stock splits, and reverse stock splits, including their expected effect on a shareholder’s wealth and a company’s financial ratios.

20p allbymyself_10 03-03-2016 62 4   Download

The latter appears to have happened. Old economy companies have decreased dividends, or at least decreased the rate of growth of dividends, while new economy companies rarely pay dividends. This has caused overall dividend rates to fall (Fama and French, 1999). Moreover, the evidence suggests that there is indeed a connection between the stock option explosion and lower dividend rates.

34p bocapchetnguoi 06-12-2012 60 2   Download

This paper contributes to the literature in several ways. Our study is the first to document that firms are more likely to split their stocks before acquisition announcements and the first to attempt to explain why they might do so. This paper also contributes to the literature on managerial opportunistic behaviors. Prior studies identify possible manipulation tools such as earnings management (Erickson and Wang, 1999; Louis, 2004) and share repurchase (Chan, Ikenberry, Lee, and Wang, 2005).

19p quaivattim 04-12-2012 51 2   Download

Large numbers of HSTs will be displaced from the GWML and ECML assuming that the initial IEP contract of around 550 vehicles is signed. If the IEP order is no greater than this, HSTs will however continue to operate beyond CP5 on parts of the GWML and on other routes, for which refurbishment and re-engineering works would be required. Cancellation or major delay to IEP would require a fall back strategy for intercity services on the electrified GWML. The ‘surplus’ of vehicles in this category is likely to consist of HST and Mark III vehicles built in the...

11p quaivattim 04-12-2012 42 2   Download

From 1992 to 2000, the pace of merger activity rose to unprecedented levels. An environment of sustained economic growth and rising stock prices facilitated transactions. Toward the end of 2000, the economic climate shifted and merger activity in the fourth quarter declined. The economy showed only small growth during the first quarter of 2001. Excess capacity in a number of industries had developed, and sales and profit disappointments began to widen. The business cycle had returned. Valuations in Internet companies and other high-tech industries have been sharply revised downward.

273p vigro23 24-08-2012 111 31   Download

Open-end mortgage Mortgage against which additional debts may be issued. Related: closed-end mortgage. Open-market operation Purchase or sale of government securities by the monetary authorities to increase or decrease the domestic money supply. Open-market purchase operation A systematic program of repurchasing shares of stock in market transactions at current market prices, in competition with other prospective investors.

10p hanhphuc51 20-12-2010 68 4   Download

CHAPTER 14 Distributions to shareholders: Dividends and share repurchases Theories of investor preferences Signaling effects Residual model Dividend reinvestment plans Stock dividends and stock splits Stock repurchases What is dividend policy? The decision to pay out earnings versus retaining and reinvesting them.

27p summerflora 31-10-2010 97 15   Download

Chapter 18 Distributions to Shareholders: Dividends and Repurchases a. The optimal distribution policy is one that strikes a balance between dividend yield and capital gains so that the firm’s stock price is maximized. b. The dividend irrelevance theory holds that dividend policy has no effect on either the price of a firm’s stock or its cost of capital.

19p summerflora 27-10-2010 170 33   Download