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Repurchasing Shares on a Second Trading Line
16 references·0 citing·45 second hop
Repurchasing Shares on a Second Trading Line (2006)Repurchasing Shares on a Second Trading L…Actual share repurchases, timing and liquidity (2006)Actual share repurchases, tim…Share price performance following actual share repurchases (2005)Share price performance follo…The big, bad wolf and the rational market: portfolio insurance, the 1987 crash and the performativity of economics (2004)The big, bad wolf and the rat…On the Timing and Execution of Open Market Repurchases (2003)On the Timing and Execution o…Managerial timing and corporate liquidity: (2001)Managerial timing and corpora…Stock Repurchases in Canada: Performance and Strategic Trading (2000)Stock Repurchases in Canada: …Stock Repurchases in Canada: Performance and Strategic Trading (1999)Stock Repurchases in Canada: …Actual Share Reacquisitions in Open‐Market Repurchase Programs (1998)Actual Share Reacquisitions i…The Option to Repurchase Stock (1996)The Option to Repurchase StockMarket underreaction to open market share repurchases (1995)Market underreaction to open …Market Underreaction to Open Market Share Repurchases (1994)Market Underreaction to Open …The Relative Signalling Power of Dutch-Auction and Fixed-Price Self-Tender Offers and Open-Market Share Repurchases (1991)The Relative Signalling Power…Sunshine Trading and Financial Market Equilibrium (1991)Sunshine Trading and Financia…Corporate payout policy (1988)Corporate payout policyRepurchase Tender Offers, Signaling, and Managerial Incentives (1984)Repurchase Tender Offers, Sig…Common stock repurchases and market signalling (1981)Common stock repurchases and …Dividend Policy, Growth, and the Valuation of Shares (1961)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Shareholder Preferences and Dividend Policy (1990)The Expiration of IPO Share Lockups (2001)Payout Policy (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Job Market Signaling (1973)Efficient Capital Markets: II (1991)Market Efficiency, Long-Term Returns, and Behavioral Finance (1997)The cost of capital, corporation finance and the theory of investment (2008)The Pricing of Options and Corporate Liabilities (1973)How To Do Things With Words (1975)Gender Trouble: Feminism and the Subversion of Identity (1991)DESIGN OF FINANCIAL SYSTEMS: TOWARDS A SYNTHESIS OF FUNCTION AND STRUCTURE (2005)CALCULATING ECONOMIC LIFE (2008)Geographies of circulation and exchange: constructions of markets (2009)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)When a buyback isn’t a buyback: open market repurchases and employee options (2002)Limited-dependent and qualitative variables in econometrics (1983)Corporate payout policy and managerial stock incentives (2001)Institutional Holdings and Payout Policy (2005)Share Issuance and Cross‐sectional Returns (2008)Using daily stock returns (1985)Common risk factors in the returns on stocks and bonds (1993)The New Issues Puzzle (1995)Rational Capital Budgeting in an Irrational World (1996)Accounting anomalies and fundamental analysis: A review of recent research advances (2010)Short and Long Horizon Behavioral Factors (2017)On the Impossibility of Informationally Efficient Markets (1980)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Does Anonymity Matter in Electronic Limit Order Markets? (2007)Noisy Prices and Inference Regarding Returns (2012)High-Frequency Market Making to Large Institutional Trades (2018)Agency Problems and the Theory of the Firm (1980)Equity Undervaluation and Decisions Related to Repurchase Tender Offers: An Empirical Investigation (2000)Errors in estimating share repurchases (2008)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)The Social Construction of Market Value: Institutionalization and Learning Perspectives on Stock Market Reactions (2004)The Cross-Section of Expected Stock Returns (1992)Evidence on the Characteristics of Cross Sectional Variation in Stock Returns (1997)The Stock Market Valuation of Research and Development Expenditures (2001)Asset Growth and the Cross‐Section of Stock Returns (2008)
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References

  • 1995Market underreaction to open market share repurchases1,739 cited
  • 1981Common stock repurchases and market signalling1,037 cited
  • 1998Actual Share Reacquisitions in Open‐Market Repurchase Programs844 cited
  • 1991The Relative Signalling Power of Dutch-Auction and Fixed-Price Self-Tender Offers and Open-Market Share Repurchases616 cited
  • 1994Market Underreaction to Open Market Share Repurchases527 cited
  • 1988Corporate payout policy424 cited
  • 2000Stock Repurchases in Canada: Performance and Strategic Trading398 cited
  • 2004The big, bad wolf and the rational market: portfolio insurance, the 1987 crash and the performativity of economics290 cited
  • 1984Repurchase Tender Offers, Signaling, and Managerial Incentives253 cited
  • 1991Sunshine Trading and Financial Market Equilibrium243 cited
  • 2001Managerial timing and corporate liquidity:232 cited
  • 1996The Option to Repurchase Stock220 cited
  • 2003On the Timing and Execution of Open Market Repurchases169 cited
  • 2006Actual share repurchases, timing and liquidity156 cited
  • 2005Share price performance following actual share repurchases151 cited

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1999
Stock Repurchases in Canada: Performance and Strategic Trading
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