> > >

Financial Reporting MCQs

Why would a company repurchase their own stock?

To reduce the market float at a time when the stock is undervalued in the market

To reduce the market float when prices are high

To increase the market float at a discount

To increase the market float at a premium, sending stocks higher

Answer

Correct Answer: To reduce the market float at a time when the stock is undervalued in the market

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Financial Reporting Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it