Abstract
As
a
means
of
market
value
management
,
stock
repurchase
first
appeared
in
the
US
capital
market
.
With
the
further
deepening
and
improvement
of
the
research
and
laws
and
regulations
on
stock
repurchase
in
China
'
s
capital
market
,
the
interest
of
listed
companies
in
stock
repurchase
has
become
stronger
in
recent
years
,
and
the
motivation
of
listed
companies
to
implement
sto
上市公司股份回购动因及效应研究——以京东方股份为例-23772字.docx