Do open-market stock repurchases convey firm-specific or industry-wide information? Evidence from REITs
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DOI: 10.1007/s12197-018-9463-9
Abstract: This study examines the extent of firm-specific and industry-level information conveyed in open-market stock repurchases announced by REITs. We measure information revealed in open-market stock repurchase announcements using stock return and decompose the stock return… read more here.
Keywords: firm specific; stock; open market; specific industry ... See more keywords