Purpose – The paper seeks to examine changes in daily return volatility associated with open market share repurchases. Design/methodology/approach – Univariate analyses, control sample analyses, and multiple regression analyses are employed to explore relations between daily return...

Purpose – Due to insufficient disclosure on open market share repurchases in the USA, at any given point in time, outside shareholders have no knowledge of whether their firm is executing open market share repurchase trades. It is hypothesized that such information disparity between outside...

Purpose – The paper seeks to examine changes in daily return volatility associated with open market share repurchases. Design/methodology/approach – Univariate analyses, control sample analyses, and multiple regression analyses are employed to explore relations between daily return...

Purpose – Due to insufficient disclosure on open market share repurchases in the USA, at any given point in time, outside shareholders have no knowledge of whether their firm is executing open market share repurchase trades. It is hypothesized that such information disparity between outside...