CEO Optimism and the Credibility of Open-Market Stock Repurchase Announcements
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DOI: 10.1080/15427560.2017.1366491
Abstract: ABSTRACT Given their low-cost and low level of commitment, open-market stock repurchase announcements are often viewed by the market with a degree of skepticism, leading to a weak initial market reaction followed by positive stock… read more here.
Keywords: market; open market; repurchase announcements; optimism ... See more keywords