A firm can repurchase shares through a(n)________ in which it offers to buy shares at a prespecified price during a short time period-generally within 20 days.
A)tender offer
B)open market share repurchase
C)targeted repurchase
D)Dutch auction share repurchase

Question

Quizplus · Accepted Answer

The description matches the definition of a tender offer, where the firm makes a public offer to buy shares at a specified price during a short time frame. The other options (B, C, D) do not include a prespecified price or a short time period for the repurchase.

A Firm Can Repurchase Shares Through A(n)________ in Which It