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Share price performance surrounding share buyback event in Malaysia.

Keng Tee, Lim
UM Research Repository · Papers · License: CC BY-NC-ND 4.0
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and-operationsbusiness-administrationbusiness-analyticsbusiness-enterprisesfinance-and-financial-managementmanagementstocks
Since 1997 Asian financial crisis, companies listed in Bursa Malaysia are allowed to repurchase its share. Since then share buyback has become a common tools for the companies to signal undervaluation of share price and to sustain share price. This paper studies the CAR surrounding share buyback eve
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