Targeted share repurchases always occur at a price higher than the current market quoted price for a stock.

Question

Quizplus · Accepted Answer

Targeted share repurchases, also known as "greenmail," do not always occur at a price higher than the current market price. While they often do, to incentivize the shareholder to sell back their shares, the price is ultimately a matter of negotiation between the company and the shareholder.

Targeted Share Repurchases Always Occur at a Price Higher Than