Share Repurchases and Acquisitions: An Analysis of Which Firms Participate
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Firms can transmit cash to shareholders either by paying dividends or by purchasing shares. The share purchases can be either the firm's own securities or those of another firm. Recent evidence suggests that there has been a dramatic increase in the use of these nondividend payments to shareholders.
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美国国家经济研究局创建时间：
1987-05-01
