股票回購
(重定向自股份回购)
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還现金来回购自己的股票,以换取公司的一部分流通股。
股票回購后股價走勢
股票回購可以減少流通股數量,一般會帶來股價上漲。
積極回購的行動也是2024年美股科技股持續飆漲的原因之一。例如蘋果宣布1100億美元股票回購,Google母公司Alphabet推出700億美元回購計劃,Meta也推出了500億美元的回購計劃。[3]
参考文献
- ^ Share Repurchase Definition. Investopedia. [2021-04-29]. (原始内容存档于2021-05-03).
- ^ Fernandes, Nuno. Finance for executives: a practical guide for managers. NPV Publishing. 2014. ISBN 978-989-98854-0-0. OCLC 878598064.
- ^ 股票回購窗口期本週關閉!美股危險了?.
更多閱讀
- 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.