- Tytuł:
- ANNOUNCED REASONS AND ANTICIPATED RESULTS OF SHARE REPURCHASE PROGRAMS – CASE OF WARSAW STOCK EXCHANGE COMPANIES
- Autorzy:
- Wrońska-Bukalska, Elżbieta
- Powiązania:
- https://bibliotekanauki.pl/articles/654333.pdf
- Data publikacji:
- 2014
- Wydawca:
- Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
- Tematy:
-
buy back
share repurchase
reasons
theories of share repurchase - Opis:
- The article aims to present the meaning of the share repurchase (also called as buy backor buy-back) programmes and to identify the reasons announced and potential results of sharerepurchase made by firms listed on the Warsaw Stock Exchange (WSE) in Poland. The mainhypothesis to be verified states that there are more reasons to repurchase shares than just cashtransfer to shareholders and there are different results than just diminishing cash holding.The problem is significant enough because share repurchase in the literature is deemed asa substitute for dividends and as another way for cash transfer to shareholdersOn carrying out the research for the selected listed companies, I found that shares might berepurchased for many different reasons and not only to signal the excessive amounts of cash heldin the corporation. Viewing by the numbers it is possible to state that transferring cash is the leastimportant reason while repurchasing shares.
- Źródło:
-
Acta Universitatis Lodziensis. Folia Oeconomica; 2014, 2, 301
0208-6018
2353-7663 - Pojawia się w:
- Acta Universitatis Lodziensis. Folia Oeconomica
- Dostawca treści:
- Biblioteka Nauki
Artykuł