Tender offer repurchase is a repurchase program in which a firm ________

A) offers to repurchase a fixed number of shares, usually at a discount relative to the market value
B) offers to repurchase a fixed number of shares, usually at a premium relative to the market value
C) offers to repurchase a fixed number of shares, usually at par relative to the market value
D) has a right to repurchase a fixed number of shares at a premium relative to the market value


B

Business

You might also like to view...

Answer the following statement(s) true (T) or false (F)

1. Affective evaluation, one of the main elements that form our attitudes, reflects a person’s positive and negative feelings toward a specific object, person, or event. 2. “Cognitive discord” is the term for when there is inconsistency between a person’s beliefs, attitudes, or behaviors. This inconsistency creates discomfort that leads us to alter our attitudes, beliefs, or behaviors in order to restore harmony. 3. If an employee has low job satisfaction, they can still have high organizational commitment and high employee engagement. 4. Job satisfaction does not usually lead to withdrawal behaviors with work.

Business

What helps organizations reduce their investment in inventory while improving customer satisfaction through product availability?

A. Collaborative demand planning B. Supply chain event management C. Selling chain management D. Collaborative engineering

Business

Which of the following is true with regard to contractual relations between the principal and a third party?

a. There is no liability on the part of the principal if the agent acts with implied authority. b. An undisclosed principal and the third party are contractually bound if the agent acts within her actual authority, unless the contract specifies otherwise. c. A principal cannot be bound if the agent acts without any authority. d. An unidentified principal is bound only if the agent acts within the scope of actual authority.

Business

If the fixed costs are $10,000 and the variable cost/unit is $10 and the break-even is 100 units, what is the selling price per unit?

A) $200. B) $110. C) $59. D) None of the above E) Unable to say without more information

Business