Keswani, Aneel; Yang, Jing; Young, Steven - In: Journal of Business Finance & Accounting 34 (2007-06) 5-6, pp. 840-860
Financial regulators, analysts and journalists have expressed concern that open market share repurchases may help support share prices. We test this conjecture by examining repurchasing firms' share price patterns on entering mandatory non-trading periods imposed by the London Stock Exchange. If...