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Re: LodieJ post# 10064

Sunday, 01/27/2019 12:47:11 PM

Sunday, January 27, 2019 12:47:11 PM

Post# of 163978
There is strong evidence that companies are able to profitably repurchase shares when the company is widely held by retail investors who are unsophisticated (e.g., small investors) and more likely to sell their shares to the company when those shares are undervalued.
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