Stock Price Reactions to Share Buyback Announcements

Envision, Commerce and Management Journal, 2007

Posted: 5 Oct 2012

See all articles by Ashish Arora

Ashish Arora

Guru Nanak Dev University (GNDU)

Date Written: January 15, 2007

Abstract

Share Buyback is one of the tools introduced in Indian financial scenario recently. Many Indian companies have gone repeatedly for the usage of this tool in order to enhance their basic value. The post buyback impact on share prices has been measured by taking a sample of companies which went for buyback. The results clearly show the effectiveness of buyback in raising share prices of companies in short term.

Keywords: Buyback Announcements, Share Prices

JEL Classification: G14, G35

Suggested Citation

Arora, Ashish, Stock Price Reactions to Share Buyback Announcements (January 15, 2007). Envision, Commerce and Management Journal, 2007, Available at SSRN: https://ssrn.com/abstract=2157158

Ashish Arora (Contact Author)

Guru Nanak Dev University (GNDU) ( email )

GT ROAD Amritsar
GT, ROAD AMRITSAR
Amritsar, Punjab 143005
India

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