Which of the following is true of a repurchase (buyback) of shares?
A) Companies tend to buy back their stock when they're doing poorly and price is low.
B) The true purpose of a buyback is to escape from the regular payment of interest.
C) Repurchases earn continuing shareholders the most when the stock's market price is below its true or intrinsic value.
D) If the market price of a stock increases after a buy back, value is passed to those who sold.
C
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Which of the following is an objective of lean production?
A. Reducing the quality of a product to keep unit costs low B. Reducing setup times for complex equipment C. Replacing product variety with standardized output D. Decreasing utilization of individual machines through scheduling E. Increasing the level of minimum efficient scale of output
Customer input and feedback have no effect on how companies shape their products
Indicate whether the statement is true or false