ESSENTIALS CORPORATE FINANCE + CNCT A.
ESSENTIALS CORPORATE FINANCE + CNCT A.
9th Edition
ISBN: 9781259968723
Author: Ross
Publisher: MCG CUSTOM
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Chapter 14, Problem 14.3C
Summary Introduction

To discuss: The purchase technique used while the firm authorizes a trustee to purchase shares as they become available.

Introduction:

Repurchases is also termed as buy back of shares. This refers that the company buys back its outstanding shares, which reduces the number of its shares on the open market.

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