Correct! How would a share repurchase at market price affect the value of Amazon stock if this were announced today? Materials on the right have been updated >> Repurchasing at market price would raise the share price because there will be less demand. Repurchasing at market price would not affect the share price. Repurchasing at market price would lower the share price because there will be less demand. Submit Stock price $48.00 Shares outstanding 10,844,000 Market cap $520,512,000 Excess Cash $98,440,000 $1.50 EPS PE Ratio 32.0 Shares Repurchased 2,050,833 I

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