Multiple Choice
A company may repurchase their own shares for the following reasons except:
A) management wants to avoid a takeover by an outside party
B) the company needs the repurchased shares to fulfill future share issuance commitments
C) the purchase may help support the share's current market price by decreasing the supply of shares available to the public
D) the company needs more financing
Correct Answer:
Verified
Correct Answer:
Verified
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