Targeted Repurchases and Common Stock Returns (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Hardcover
- New

Seller: PBShop.store UK, Fairford, GLOS, United KingdomPBShop.store UK
AbeBooks seller since June 11, 1999
Condition: New
US$ 37.36
Quantity: 15 available
Add to basketItem description from seller
New Book. Shipped from UK. Established seller since 2000.
Seller Inventory # LX-9780332805740
- Title
- Targeted Repurchases and Common Stock Returns (Classic Reprint)
- Author
- Wayne H. Mikkelson
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Binding
- HRD
- Language
- English
- ISBN 10
- 0332805743
- ISBN 13
- 9780332805740
- Item weight
- 275 grams
Explore how targeted stock repurchases affect share prices and corporate control dynamics.
This study examines the stock price effects surrounding targeted repurchases, showing how initial investments, intervening announcements, and the final repurchase can influence value for both repurchasing and selling firms. The analysis highlights why price moves should be viewed in the context of a broader investment process that includes potential takeovers and other outcomes.
Targeted repurchases are shown to produce a positive overall value on average, driven by earlier investment activity and related events that precede the final repurchase. The paper also identifies conditions under which declines at the repurchase moment are small or statistically insignificant, and it discusses possible interpretations for these price movements. The work uses a detailed four-stage method to measure abnormal returns and compares repurchasing firms with selling firms and matched controls.- Learn how the four-stage valuation approach captures the full effect of an investment sequence, from initial disclosure to the targeted repurchase.
- See how preceding events and control contests influence pre-repurchase returns and the likelihood of future control changes.
- Understand why the negative price move at the repurchase does not necessarily mean a wealth transfer to selling stockholders.
- Compare outcomes for repurchasing firms, selling firms, and matched peers to assess overall value effects.
"Synopsis" may belong to another edition of this title.
PBShop.store UK
Fairford, GLOS, United Kingdom
AbeBooks seller since June 11, 1999
Shipping rates from United Kingdom to U.S.A.
| Item | 10 to 20 business days | 10 to 20 business days |
|---|---|---|
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Hardbacks, PaperbacksSeller's business information
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