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Three effects of stock repurchase on rival firms in Vietnam

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The finding shows that stock repurchase announcements result in a positive and significant valuation effect for both announcing firms and rival firms in Vietnam. Furthermore, the degree of signal to the industry is conditional on the degree of signal about the announcing firms as a contagious effect. Intra-industry effects are more favorable when profit performance of rival firms is good and when leverage of rival firms is low. | Three effects of stock repurchase on rival firms in Vietnam

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Three effects of stock repurchase on rival firms in Vietnam

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