Fundamentals of Corporate Finance with Connect Access Card
Fundamentals of Corporate Finance with Connect Access Card
11th Edition
ISBN: 9781259418952
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 17, Problem 2CRCT
Summary Introduction

To discuss: The impact of stock repurchase on debt ratio and the ways to use excess cash.

Introduction:

Stock repurchase is also termed as buyback of shares. Stock repurchase is where the company repurchases its own stock, which is outstanding. Tax implication in the stock repurchase is lesser compared to the cash dividend.

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Fundamentals of Corporate Finance with Connect Access Card

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