The wealth effect of share buybacks: evidence from Malaysia

• Main Authors: Chong, L. Y., Md Nassir, Annuar, Mohd Ashhari, Zariyawati
• 格式: Article
• 语言: English
• 出版: Faculty of Economics and Management, Universiti Putra Malaysia 2015
• 在线阅读: http://psasir.upm.edu.my/id/eprint/35373/1/Paper%205%20Annuar.pdf; http://psasir.upm.edu.my/id/eprint/35373/; http://econ.upm.edu.my/ijem/vol9no2/Paper%205%20Annuar.pdf

This paper investigates stock market reactions surrounding the announcement of actual share buybacks by companies listed on the Main Market of Bursa Malaysia from 2007 through 2011. An event study methodology was used to examine stock price reactions to 100 announcements of share buybacks involving...