The repurchase of outstanding stock by a corporation causes ________ for the firm, all else constant.

Name: The repurchase of outstanding stock by a corporation causes ________ for the firm, all else constant.
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When a corporation repurchases its outstanding stock, it uses cash to buy back shares, resulting in a cash outflow. This action reduces the number of shares outstanding, which can increase the earnings per share (EPS) since the same amount of earnings is distributed over fewer shares.

The Repurchase of Outstanding Stock by a Corporation Causes ________