Which of the following is a reason that a company would repurchase its own shares in the market?
A)To reduce cash and the number of shares outstanding
B)To increase outstanding equity shares
C)To have shares available to offer a merger target
D)Both A and B

Question

Quizplus · Accepted Answer

A company might repurchase its own shares to reduce the amount of cash it has on hand and to decrease the number of shares outstanding, which can increase the value of remaining shares and improve financial ratios.

Which of the Following Is a Reason That a Company