Which type of stock repurchase allows management to set the repurchase price at the lowest level necessary to repurchase the desired number of shares?
A) Open-market repurchase
B) Fixed-price tender offer repurchase
C) Dutch auction tender offer repurchase
D) All of the above will generate the same purchase price.
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.