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| Tekijä: | Peyer, U. C. Vermaelen, T. |
| Otsikko: | The many facets of privately negotiated stock repurchases |
| Lehti: | Journal of Financial Economics
2005 : FEB, VOL. 75:2, p. 361-395 |
| Asiasana: | Market efficiency Market information Stock repurchases |
| Vapaa asiasana: | Greenmail |
| Kieli: | eng |
| Tiivistelmä: | This article examines privately negotiated share repurchases in the years 1984-2001. The writers find positive announcement returns and premiums that are not significantly different from zero. This is in contrast to the negative announcement returns and positive premiums reported by past research. |
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