When a Firm Reduces the Number of Shares to Be

question 28

Multiple Choice

When a firm reduces the number of shares to be acquired under a buyback because there are more shares tendered than were sought to be repurchased, it is known as a(n)

• A)open market repurchase.
• B)off-market buyback.
• C)selective buyback.
• D)scale-back.

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Definitions:

Clear Filter

The action of removing applied criteria from a dataset to return to an unfiltered or original view.

Toggle Filter

A feature in software applications that allows users to switch filtering on and off on data sets to view specific subsets of data.

Toggle Filter

A feature in software that allows users to switch a filter on or off to change which data is displayed.

Filter By Form

A feature in database applications that allows users to filter data by filling out a form with criteria.