Files
Abstract
This paper aims to show how the stock repurchase, aimed at preventing
demage for company, was reflected on the stock price and financial position of
companies of Serbian dairy industry. The choice of companies in the dairy industry
is the result of significance of dairy industry for the Serbian economy and
relatively significant stock repurchase of these companies in relation to the stock
repurchase of companies in other sectors. Research on effects of stock repurchase
on the market value indicated that the stock repurchase did not prevent a further
decline in their value, as well as the numerous other anomalies of the Serbian
capital market.