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VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:event-9754@www.amse-aixmarseille.fr
DTSTAMP:20260430T012655Z
CREATED:20260430T012655Z
LAST-MODIFIED:20260430T012655Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:finance seminar - Pia Helbing
DTSTART:20230411T123000Z
DTEND:20230411T123000Z
DESCRIPTION:We compare the importance of opportunities for market timing wi
 th incentives to manage EPS\, in decisions to repurchase. We distinguish be
 tween repurchases which are done to distribute cash (payout-related) and th
 ose which are conducted to provide shares for re-issue to staff (pay-relate
 d). Firms are more likely to pay out cash via a repurchase when timing oppo
 rtunities are compelling and will opt for a special dividend otherwise. Inc
 entives to manage EPS\, on the other hand\, explain less of the choice of r
 epurchase vs. special dividend. Pay-related repurchases are likewise associ
 ated with compelling timing opportunities\, and thus timing considerations 
 also help explain decisions to repurchase shares for issue to staff.\\n\\nC
 ontact: Eric Girardin : eric.girardin[at]univ-amu.frGaël Leboeuf : gael.le
 boeuf[at]univ-amu.frChristelle Lecourt : christelle.lecourt[at]univ-amu.fr\
 n\nPlus d'informations: https://www.amse-aixmarseille.fr/fr/evenements/pia-
 helbing
LOCATION:MEGA - Salle Carine Nourry\, 424\, Chemin du Viaduc\, 13080 Aix-en
 -Provence
URL;VALUE=URI:https://www.amse-aixmarseille.fr/fr/evenements/pia-helbing
CONTACT:Eric Girardin : eric.girardin[at]univ-amu.frGaël Leboeuf : gael.le
 boeuf[at]univ-amu.frChristelle Lecourt : christelle.lecourt[at]univ-amu.fr
TRANSP:OPAQUE
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