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International Journal of Applied Research · 2022 · Vol. 8(8)
Nidhi Aggarwal✉A AkyolC FooL BagwellB ShovenJS BhattacharyaA BravL DannDeangeloFirthC GanC BianD WuD CohenHawT HatakedaN IsagawaLianoLeeU PeyerT VermaelenE RaadH WuT VermaelenT VermaelenK PunvasiP Brijlal
Abstract
The article aims to give insights on share buybacks in India by using event research technique to determine the influence of share buybacks on stock price. During 2021-2022, we discovered negative abnormal returns previous to the buyback announcement, indicating undervaluation of shares, and positive abnormal returns after the announcement, showing a signaling impact of share buybacks. The findings are comparable to those of a study of buybacks on the open market in developed nations.
Chemistry
Citations
0
FWCI
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field-weighted impact
References
14
Percentile
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vs. same field & year
References
Payout policy in the 21st century
Journal of Financial Economics · 2005 · 2,291 citations
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