股票回购

股份回购是指公司重新收购自己的股份。[1]相对于股息,它代表了一种更灵活的向股东返还资金的方式[2]。在大多数国家,公司可以通过向现有股东返还现金来回购自己的股票,以换取公司的一部分流通股

股票回购后股价走势

股票回购可以减少流通股数量,一般会带来股价上涨。

积极回购的行动也是2024年美股科技股持续飙涨的原因之一。例如苹果宣布1100亿美元股票回购,Google母公司Alphabet推出700亿美元回购计划,Meta也推出了500亿美元的回购计划。[3]

参考文献

  1. ^ Share Repurchase Definition. Investopedia. [2021-04-29]. (原始内容存档于2021-05-03). 
  2. ^ Fernandes, Nuno. Finance for executives: a practical guide for managers. NPV Publishing. 2014. ISBN 978-989-98854-0-0. OCLC 878598064. 
  3. ^ 股票回購窗口期本週關閉!美股危險了?. 

更多阅读

  • Andriosopoulos, Dimitris, and Meziane Lasfer. "The market valuation of share repurchases in Europe". Journal of Banking & Finance 55 (2015): 327–339. online页面存档备份,存于互联网档案馆
  • Jun, Sang-gyung, Mookwon Jung, and Ralph A. Walkling. "Share repurchase, executive options and wealth changes to stockholders and bondholders". Journal of Corporate Finance 15.2 (2009): 212–229.
  • Schumpeter, "Six muddles about share buy-backs: Stock repurchases by American firms are on the rise. So is the confusion surrounding them". The Economist 31 May 2018页面存档备份,存于互联网档案馆).
  • Wesson, N., B. W. Bruwer, and W. D. Hamman. "Share repurchase and dividend payout behaviour: The South African experience". South African Journal of Business Management 46.3 (2015): 43–54.