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TSX Stock Repurchase Announcements and the Impact of TSX Disclosure Requirements

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  • James Matthew Moore

Abstract

This paper examines the market reaction to Toronto Stock Exchange (TSX) stock repurchase announcements. The findings indicate that TSX stock repurchase announcements result in a significant market reaction and provide mixed support for the TSX requirements to disclose the reason(s) for a stock repurchase program and to report actual share repurchases on a timely basis.

Suggested Citation

  • James Matthew Moore, 2013. "TSX Stock Repurchase Announcements and the Impact of TSX Disclosure Requirements," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 4(2), pages 19-32, April.
    • Handle: RePEc:jfr:ijfr11:v:4:y:2013:i:2:p:19-32
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    References listed on IDEAS

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