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papahomer papahomer
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6 years ago
From the firm's point of view, a major advantage of stock repurchases over cash dividends is
A) a commitment to maintain or increase repurchases every year.
B) a stronger signal about the firm's financial strength.
C) that they restrain agency costs.
D) that the repurchases imply no commitment to pay the same amount or more every year.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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David_hessDavid_hess
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6 years ago
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