Assuming no market imperfections,which one of the following will not be affected by a repurchase of shares?
A) Assets of the firm
B) Equity of the firm
C) Shares outstanding
D) Price per share

Question

Quizplus · Accepted Answer

A repurchase of shares reduces the number of shares outstanding, which can increase the price per share due to the reduced supply and potentially higher earnings per share.

Assuming No Market Imperfections,which One of the Following Will Not