Question: 5 points JTL has 1 4 8 , 0 0 0 shares of stock outstanding. The firm has extra cash so it announced this morning

5 points
JTL has 148,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurchase 18,000 of its shares. What type of offer is the firm making?
Private issue
Secondary issue
Targeted repurchase
Tender offer
Rights offer
5 points JTL has 148,000 shares of stock outstanding. The firm

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