Operating performance and long‐run stock returns following share repurchase: Evidence from an emerging market

HB Wang, C Nguyen, N Dinh - Journal of Corporate …, 2020 - Wiley Online Library
This study examines the long‐term abnormal returns and operating performance following
share repurchase announcements by Vietnamese listed firms. Applying matched control …

Why do undervalued firms repurchase shares? Evidence based on the market-timing effect in China

P Ma, C Li, X Wang - Global Finance Journal, 2024 - Elsevier
It is puzzling that few undervalued firms in China make repurchase announcements despite
the value-adding motive of share repurchases. Inspired by this conundrum, this study …

[HTML][HTML] Deregulating the volume limit on share repurchases

A Sodhi, A Stojanovic - International Journal of Financial Studies, 2024 - mdpi.com
We empirically advocate for UK regulators to increase the volume limit of 15% outstanding
shares on open market repurchases. Our main framework initially tests the determinants of …

Do Share Repurchases Distort Stock Prices? Evidence from the United States and Malaysia

CM Chee, NHA Razak… - Studies in …, 2022 - journals.sagepub.com
Heavy share buyback years after the global finance crisis 2008–2009 drew criticism from
scholars and financial press that share repurchases were being used by firms to manipulate …

MARKET REACTION AND FINANCIAL EFFECTS OF SHARE REPURCHASES.

Q Zhao, L Kong, J Lan - Transformations in Business & …, 2023 - search.ebscohost.com
As an effective way of capital operation, share repurchase is increasingly favoured by
company managers, market investors, and regulatory departments. However, the study on …

The Impact of Share Buybacks and Intensity of Repurchase Intentions on Market Effects:——A Study Based on Companies Listed on China's Growth Enterprise Market …

W Hong - 2024 - search.proquest.com
Since the amendment of the Company Law in 2018, the Chinese A-share market has
witnessed a rapid expansion in the number and scale of share repurchases. Open market …

Informed repurchases, information asymmetry and the market response to open market share repurchases

BS Lee, N Mauck - Review of Pacific Basin Financial Markets and …, 2018 - World Scientific
This paper relates informed repurchases to firm information asymmetry. We propose a new
measure of informed repurchases, which is based on causality tests relating repurchase …

Is it Time for the UK to Deregulate Open Market Share Repurchases?

A Sodhi - Available at SSRN 4574173 - papers.ssrn.com
Considering the UK government's decision in 2018 of inquiring the unethical usage of
repurchases for adjusting the earnings ratio, we investigate the impact of potential volume …

Institutional investment in repurchase stocks: insider trading information

JY Wang - Managerial Finance, 2020 - emerald.com
Purpose This study explores whether institutional investors can distinguish an undervalued
share repurchase from a falsely signaled share repurchase. This study also aims to …

Refinement of the FCF motive for stock repurchases

N Liu - Asian Review of Accounting, 2020 - emerald.com
Purpose The purpose of this paper is to investigate factors that influence the free cash flow
(FCF) motive for stock repurchases. Specifically, it examines whether the positive …