Why does an ongoing stock repurchase program offer management greater flexibility in distributing value to stockholders than

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Why does an ongoing stock repurchase program offer management greater flexibility in distributing value to stockholders than a regular cash dividend?

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Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Oct 19, 2016 10:19 AM

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Why does an ongoing stock repurchase program offer management greater flexibility in distributing value to stockholders than

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Fundamentals of Corporate Finance

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