BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 15.4//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20251102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20250301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:The standard model of repurchases says that companies repurchas e stock when they have excess cash that can’t be redeployed efficiently in the company. In the standard model\, an increase in repurchases has no ef fect on other corporate policies such as investment\, R&\;D and employm ent. This model doesn’t support a tax on repurchases or other regulation t hat increases the cost of stock repurchases for companies. Recent research has shown that the standard model is incomplete. Companies repurchase sto ck to manage earnings\, but since EPS-motivated repurchases are not driven by excess cash\, this can take a toll on other corporate policies.\n\nJoi n us for this webinar\, led by Heitor Almeida\, Professor and Academic Dir ector of iDegrees and Stanley C. and Joan J. Golder Distinguished Chair in Corporate Finance as he explains why:\n- The long-term effects of EPS-mot ivated repurchases on company performance are still being debated \n- This recent research still does not support direct government intervention on corporate repurchases \n- Investors and companies should move away from EP S as a measure of corporate performance\nRegister Today! DTEND:20220215T180000Z DTSTAMP:20260714T222451Z DTSTART:20220215T170000Z LOCATION: SEQUENCE:0 SUMMARY:Ivy Exec Webinar - New Facts About Stock Repurchases. Should Repurc hases be Regulated by the Government? UID:RFCALITEM639196466912566296 X-ALT-DESC;FMTTYPE=text/html:

The standard model of repurchases says that companies repurchase stock when they have excess cash that can’t be redep loyed efficiently in the company. In the standard model\, an increase in r epurchases has no effect on other corporate policies such as investment\, R&\;D and employment. This model doesn’t support a tax on repurchases o r other regulation that increases the cost of stock repurchases for compan ies. Recent research has shown that the standard model is incomplete. Comp anies repurchase stock to manage earnings\, but since EPS-motivated repurc hases are not driven by excess cash\, this can take a toll on other corpor ate policies.
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\nJoin us for this webinar\, led by Heitor Almeida\ , Professor and Academic Director of iDegrees and Stanley C. and Joan J. G older Distinguished Chair in Corporate Finance as he explains why:
\n- The long-term effects of EPS-motivated repurchases on company performance are still being debated
\n- This recent research still does not suppor t direct government intervention on corporate repurchases
\n- Investor s and companies should move away from EPS as a measure of corporate perfor mance
\nRegister Today!

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