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$ 38.23
Quantity: 15 available
Add to basketItem description from seller
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 |
|---|---|---|
| First item | US$ 5.64 | US$ 5.64 |
Payment methods
Store description
Specialty
Hardbacks, PaperbacksSeller's business information
Pbshop.co.uk
Unit 22 Horcott Industrial Estate, Horcott Road
Fairford, United Kingdom GL7 4BX
Terms of sale
Returns Policy
We ask all customers to contact us for authorisation should they wish to return their order. Orders returned without authorisation may not be credited.
If you wish to return, please contact us within 14 days of receiving your order to obtain authorisation.
Returns requested beyond this time will not be authorised.
Our team will provide full instructions on how to return your order and once received our returns department will process your refund.
Please note the cost to return any unwanted order to us is borne by the buyer.
Should your order arrive damaged, not as advertised or faulty, we must be advised of this within 14 days of delivery. Please contact us so we can find the best solution for you.
Our Customer Care Team can be contacted by emailing alborders@paperbackshop.co.uk, or by calling our UK Office on +441285 712 917. We are available 9:00am till 5:30pm GMT Monday to Friday.
Shipping terms
Orders are shipped from our UK warehouse. Delivery thereafter is between 4 and 14 business days. Please contact us if you have any queries about our services or products.