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Targeted repurchase : ウィキペディア英語版 | Targeted repurchase A targeted repurchase is a technique used to thwart a hostile takeover in which the target firm purchases back its own stock from an unfriendly bidder, usually at a price well above market value. == Empirical evidence==
Mikkelson and Ruback analyzed 111 blockholder investment and targeted stock repurchases in 1991 findings. According to their analysis, stock prices rose significantly at the initial stage of block investment, but fell significantly at the time of repurchase; there were cumulative significant gains for the entire period.()
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Targeted repurchase」の詳細全文を読む
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