Which of the following statements about stock repurchases is true?

Question

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Most share repurchases are executed by firms simply buying their own shares on the open market. This is a common and flexible way for companies to repurchase their shares, as they can gradually buy back shares over a period of time without making a formal tender offer or announcing a specific amount or price. Option A is incorrect because while there are some filing requirements, they are not necessarily prohibitively high. Option B is incorrect because the repurchase price is usually at or below the current market value, not above it. Option D is incorrect because there is no specific timeline for executing a repurchase announced on the open market. Most share repurchases are executed via firms' simply buying their own shares on the open market. The other statements are incorrect - A is not true as there are not numerous SEC filing requirements that make transaction costs prohibitively high , B is not true as the specified price is usually below the current market value, and D is not true as there is no obligation to execute the repurchase within a certain timeframe.

Which of the Following Statements About Stock Repurchases Is True