An event study : the market reactions to share repurchase announcements on the JSE

An event study : the market reactions to share repurchase announcements on the JSE

This study examines the market reactions to share repurchase announcements made by companies listed on the Johannesburg Stock Exchange from 2003 to 2012. We use an event study methodology and the Capital Asset Pricing Model to determine if there is an announcement effect when a share repurchase anno...

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Bibliographic Details
Main Author: Punwasi, Kiran
Other Authors: Pillay, Desan
Published: University of Pretoria 2013
Subjects:
UCTD
Cumulative average abnormal returns
Average abnormal returns
Share repurchase announcement
Market reaction
Online Access:http://hdl.handle.net/2263/22819
Punwasi, K 2012, An event study : the market reactions to share repurchase announcements on the JSE, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/22819 >
http://upetd.up.ac.za/thesis/available/etd-02242013-120642/

Internet

http://hdl.handle.net/2263/22819
Punwasi, K 2012, An event study : the market reactions to share repurchase announcements on the JSE, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/22819 >
http://upetd.up.ac.za/thesis/available/etd-02242013-120642/

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