Abstract

The report assessed the stock repurchase activities of companies listed on the Vietnamese stock market in 2015 - 2019. The article uses Tobit's regression model and FEM - Fixed Effect Model regression model. To determine the motivation of the business to buy back, build a model based on the existing models to evaluate the impact of the share buyback on the enterprise's business performance. The research results show that the sharing repurchase by enterprises lowers valuation or reduces the cost of free cash flow and capital structure of the enterprise. It will determine the repurchase of shares of that enterprise; Along with that, the company's stock repurchase will pay fewer dividends. With the impact of stock repurchases on the enterprise's business performance, the results show that stock repurchases have potential implications for future earnings and the profitability ratios on the business books.

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