Examlex
Which of the following statements is incorrect?
Market Value
The cost at which an asset or service can be sold or bought right now in the marketplace.
Excess Cash
Cash that exceeds the normal operating needs of a business and is available for investing or returning to shareholders.
Stock Repurchase
A corporate action in which a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.
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