SSRN-Do Firms Buy Their Stock at Bargain Prices? Evidence from Actual Stock Repurchase Disclosures by Jacob Oded, Azi Ben-Rephael, Avi Wohl

SSRN-Do Firms Buy Their Stock at Bargain Prices? Evidence from Actual Stock Repurchase Disclosures by Jacob Oded, Azi Ben-Rephael, Avi Wohl: "We find that smaller S&P 500 firms repurchase less frequently than larger firms, and at a price which is significantly lower than the average market price. Their repurchase activity is followed by a positive and significant abnormal return which lasts up to