Pick the correct statement related to stock repurchase program from below Multiple Choice US industrial firms have increased their stock repurchases every year for each of the past 20 years. The tax law change in May 2003 led to a huge increase in stock repurchases and a reduction in dividend payments A tender offer indicates thet a company is willing and able to purchose os many shares as shareholders wish to sell US. industrial firms have increased their stock repurchases every year for each of the past 20 years. The tax law change in May 2003 led to a huge increase in stock repurchases and a reduction in dividend payment A tender offer indicates that a company is willing and able to purchase as many shares as shareholders wish to sell. All stock repurchases must be identified as such to the selling perty Stock repurchases can be a relatively tox-efficient method of distributing cash to shareholders