Reason(s) for Stock Repurchases Include All the Following Except

Reason(s) for stock repurchases include all the following except:

A) to acquire shares used in management stock option incentive programs, in which managers can purchase shares of stock at pre-specified prices.
B) to use in stock-based acquisitions of other firms.
C) the firm has the cash and sees its own stock as one of its most attractive investment alternatives.
D) all of the above