A(n)________ may occur if a major shareholder desires to sell a large number of shares but the market for the shares is not sufficiently liquid to sustain such a large sale without severely affecting the price.
A)open market share repurchase
B)Dutch auction share repurchase
C)tender offer
D)targeted repurchase

Question

Quizplus · Accepted Answer

A targeted repurchase occurs when a company buys back shares directly from a specific shareholder, often to prevent a large sale from impacting the market price.

A(n)________ May Occur If a Major Shareholder Desires to Sell