Market underreaction to open market share repurchases on the JSE

This study examined the long-term performance of open market share repurchase announcements made by companies listed on the JSE during their reporting periods including 1 July 1999 to 2009. A total of 195 open market share repurchase announcements were identified. A maximum outperformance of about 3...

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Bibliographic Details
Main Authors: N. Wesson, C. Muller, M. Ward
Format: Article
Language:English
Published: AOSIS 2014-12-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/141