Koerniadi, Hardjo; Liu, Ming-Hua; Tourani-Rad, Alireza - In: Issues in corporate governance and finance, (pp. 481-498). 2007
In this paper, we investigate the New Zealand stock market reactions to both on-market and off-market share repurchase programmes for the period 1995–2004. Share repurchases have become more frequent in New Zealand in recent years, though the size and the number of repurchases are still small...