Analysis of Price Change After Enterprises Notice to Repurchase Stock in Vietnam

Ngo Mai Phuong
Thai Nguyen University of Information and Communication Technology, Vietnam


The article applies the event study method and the model to analyze the influence of stock repurchases on the stock price of the enterprise. The author conducts the research with the data of stock buyback programs of all companies listed on the Vietnamese stock market from 2008 to 2017 to analyze short-term price movements around the timing of corporate stock repurchase announcements by event and model research. In the two days surrounding the repurchase of shares by Vietnamese enterprises, the stock price hardly reacted to both events. Finally, the enterprise finished the stock repurchase, and the company announced the result of the repurchased stock.

Keywords: Stocks; Stock price; Buyback of shares; Event research; Vietnam stock market.


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