Examlex
The term "bureaucracy" has changed dramatically from the early 1900s to today.
Signaling Effects
The idea that actions taken by a company, such as dividend payments or changes, can provide information to the market about its future prospects.
Stock Repurchase
A program by which a company buys back its own shares from the marketplace, usually to increase the value of remaining shares.
Excess Cash
Excess cash refers to the amount of cash holdings that exceed what a company needs for its operational requirements, often invested or returned to shareholders.
Repurchase Prices
The cost at which a company can buy back shares or securities from the market or shareholders.
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