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Keywords: Informed investors
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2022) 48 (2): 201–221.
Published: 03 November 2021
... Informed investors G01 G12 G14 G34 G35 There exist two distinct schools of thought in the academic literature as to the valuation motive for share repurchases. One view suggests that the rationale for share repurchase is to provide price support for stocks that are presumably undervalued...
