Tillkännagivandet av aktieåterköp och efterföljande abnormal avkastning på Stockholmsbörsen

Abstract

Abstract The aim of this study was to explore the possibility of obtaining abnormal returns from a company's share repurchase announcement in recent years. The studies sample consists of 50 companies listed on the Stockholm stock exchange who announced their intention of repurchasing shares. The announcements had to be made between 28 of September 2023 and 28 of October 2024. The study has applied a deductive approach with the use of an event study to observe the effect of the announcement. The result of the study revealed that the announcement contributed to a positive average cumulative abnormal return. Both parametric and non-parametric tests were employed to establish that the results were statistically significant. The conclusion determined that share repurchase announcements produced positive abnormal returns.