As Compared to a Cash Dividend,a Share Repurchase Will Do

As compared to a cash dividend,a share repurchase will do which of the following?

A) not affect the earnings per share but will decrease the PE ratio
B) increase both earnings per share and the PE ratio
C) increase the earnings per share but not affect the PE ratio
D) increase the earnings per share and decrease the PE ratio
E) not affect either the earnings per share or the PE ratio