Can you cancel the stock repurchase?
It is a good thing to cancel the stock repurchase. Therefore, it is also bad for stocks to be repurchased and cancelled. However, it is still good in general, but it will not have much impact on the stock price. Repurchase represents that the market seriously underestimates the company's share price, which is the biggest benefit to the company's share price in foreign markets. In fact, repurchase and dividends are similar, both of which are disguised dividends.
In the long run, it is good to cancel the stock repurchase. After the share repurchase was cancelled, the share capital decreased. If the company's share price is seriously undervalued, the earnings per share of the remaining shares can also be greatly improved. A large number of repurchases in the market are equal to the total number of stocks in the market, and the market certainly has a strong upward momentum.
Generally speaking, after a listed company cancels its share repurchase, the competitiveness of its own company's share price has been enhanced, and shareholders' share profits have also been maintained. No matter for companies or investors, stock repurchase will have a certain impact. Stock repurchase is generally initiated by the company's management, using the company's own funds to directly buy its own shares in the secondary market.