title: ÐÐ±ÑÐ°ÑÐ½ÑÐ¹ Ð²ÑÐºÑÐ¿ Ð°ÐºÑÐ¸Ð¹ ÐºÐ°Ðº Ð¸Ð½ÑÑÑÑÐ¼ÐµÐ½Ñ ÑÐ¾Ð½Ð´Ð¾Ð²Ð¾Ð³Ð¾ ÑÑÐ½ÐºÐ° Ð Ð¾ÑÑÐ¸Ð¸
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð±Ð°ÐºÐ°Ð»Ð°Ð²ÑÐ°
titleType: Subtitle
title: Share buyback as a tool of the Russian stock market
Creators: name: Ð¥Ð¾Ð»Ð¾Ð´Ð¾Ð²Ð°, ÐÐ°Ð»ÐµÑÐ¸Ñ
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2024
Subjects: Ð¾Ð±ÑÐ°ÑÐ½ÑÐ¹ Ð²ÑÐºÑÐ¿ Ð°ÐºÑÐ¸Ð¹
Ð¾Ð±ÑÐ°ÑÐ½ÑÐµ Ð²ÑÐºÑÐ¿Ñ Ð°ÐºÑÐ¸Ð¹ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸ÑÐ¼Ð¸
ÑÐ¾Ð±ÑÑÐ¸Ð¹Ð½ÑÐ¹ Ð°Ð½Ð°Ð»Ð¸Ð·
ÑÐ²ÐµÑÑ Ð´Ð¾Ñ Ð¾Ð´Ð½Ð¾ÑÑÑ
ÐºÑÐ¼ÑÐ»ÑÑÐ¸Ð²Ð½Ð°Ñ ÑÐ²ÐµÑÑ Ð´Ð¾Ñ Ð¾Ð´Ð½Ð¾ÑÑÑ
ÑÐ¾Ð½Ð´Ð¾Ð²ÑÐ¹ ÑÑÐ½Ð¾Ðº
Ð¸Ð½ÑÑÑÑÐ¼ÐµÐ½Ñ Ð½Ð° ÑÑÐ½ÐºÐµ ÑÐµÐ½Ð½ÑÑ Ð±ÑÐ¼Ð°Ð³
share repurchase
share repurchases by companies
event analysis
windfall
cumulative windfall
stock market
instrument in the securities market

description: Ð¦ÐµÐ»ÑÑ ÑÐ°Ð±Ð¾ÑÑ ÑÐ²Ð»ÑÐµÑÑÑ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ðµ Ð²Ð»Ð¸ÑÐ½Ð¸Ñ Ð¾Ð±ÑÑÐ²Ð»ÐµÐ½Ð¸Ð¹ Ð¾ Ð¿ÑÐ¾Ð²ÐµÐ´ÐµÐ½Ð¸Ð¸ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸ÑÐ¼Ð¸ Ð¾Ð±ÑÐ°ÑÐ½Ð¾Ð³Ð¾ Ð²ÑÐºÑÐ¿Ð° ÑÐ¾Ð±ÑÑÐ²ÐµÐ½Ð½ÑÑ Ð°ÐºÑÐ¸Ð¹ Ð½Ð° ÐºÐ¾ÑÐ¸ÑÐ¾Ð²ÐºÐ¸. ÐÐ±ÑÐµÐºÑ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ â Ð°ÐºÑÐ¸Ð¸ ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ¸Ñ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹. ÐÑÐµÐ´Ð¼ÐµÑ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ â Ð¾Ð±ÑÑÐ²Ð»ÐµÐ½Ð¸Ñ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹ Ð¾ Ð²ÑÐºÑÐ¿Ðµ ÑÐ¾Ð±ÑÑÐ²ÐµÐ½Ð½ÑÑ Ð°ÐºÑÐ¸Ð¹. ÐÐ»Ñ Ð´Ð¾ÑÑÐ¸Ð¶ÐµÐ½Ð¸Ñ Ð¿Ð¾ÑÑÐ°Ð²Ð»ÐµÐ½Ð½Ð¾Ð¹ ÑÐµÐ»Ð¸ Ð² ÑÐ°Ð±Ð¾ÑÐµ Ð±ÑÐ»Ð¸ ÑÐµÑÐµÐ½Ñ ÑÐ»ÐµÐ´ÑÑÑÐ¸Ðµ Ð·Ð°Ð´Ð°ÑÐ¸: 1) ÑÐ¾ÑÐ¼Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ðµ ÑÐµÐ¾ÑÐµÑÐ¸ÑÐµÑÐºÐ¾Ð³Ð¾ Ð±Ð°Ð·Ð¸ÑÐ°; 2) Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ðµ Ð¸ÑÑÐ¾ÑÐ¸Ð¸ Ð¿Ð¾ÑÐ²Ð»ÐµÐ½Ð¸Ñ Ð¾Ð±ÑÐ°ÑÐ½ÑÑ Ð²ÑÐºÑÐ¿Ð¾Ð² Ð² Ð Ð¾ÑÑÐ¸Ð¸; 3) ÑÐ°Ð·Ð±Ð¾Ñ Ð¾ÑÐ½Ð¾Ð²Ð½ÑÑ Ð¼ÐµÑÐ¾Ð´Ð¾Ð² Ð´Ð»Ñ Ð¾ÑÐµÐ½ÐºÐ¸ Ð²Ð»Ð¸ÑÐ½Ð¸Ñ Ð¾Ð±ÑÐ°ÑÐ½Ð¾Ð³Ð¾ Ð²ÑÐºÑÐ¿Ð° Ð°ÐºÑÐ¸Ð¹ Ð½Ð° ÐºÐ¾ÑÐ¸ÑÐ¾Ð²ÐºÐ¸; 4) Ð²ÑÐ±Ð¾Ñ Ð¼ÐµÑÐ¾Ð´Ð° Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ Ð¸ Ð¾Ð¿Ð¸ÑÐ°Ð½Ð¸Ðµ Ð¼ÐµÑÐ¾Ð´Ð¾Ð»Ð¾Ð³Ð¸Ð¸; 5) Ð¿ÑÐ¾Ð²ÐµÐ´ÐµÐ½Ð¸Ðµ ÑÐ°ÑÑÐµÑÐ¾Ð² Ð¸ ÑÐ¾ÑÐ¼Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ðµ Ð²ÑÐ²Ð¾Ð´Ð¾Ð² Ð½Ð° Ð¾ÑÐ½Ð¾Ð²Ðµ Ð¿Ð¾Ð»ÑÑÐµÐ½Ð½ÑÑ ÑÐµÐ·ÑÐ»ÑÑÐ°ÑÐ¾Ð² Ð¾ Ð²Ð»Ð¸ÑÐ½Ð¸Ð¸ Ð¾Ð±ÑÐ°ÑÐ½Ð¾Ð³Ð¾ Ð²ÑÐºÑÐ¿Ð° Ð°ÐºÑÐ¸Ð¹ Ð½Ð° ÐºÐ¾ÑÐ¸ÑÐ¾Ð²ÐºÐ¸ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¸ Ð² ÐºÑÐ°ÑÐºÐ¾ÑÑÐ¾ÑÐ½Ð¾Ð¼ Ð¸ Ð´Ð¾Ð»Ð³Ð¾ÑÑÐ¾ÑÐ½Ð¾Ð¼ Ð¿ÐµÑÐ¸Ð¾Ð´Ð°Ñ. ÐÐºÑÑÐ°Ð»ÑÐ½Ð¾ÑÑÑ ÑÐµÐ¼Ñ Ð¾Ð±ÑÑÐ»Ð¾Ð²Ð»ÐµÐ½Ð° Ð²Ð¾Ð·ÑÐ°ÑÑÐ°ÑÑÐ¸Ð¼ ÐºÐ¾Ð»Ð¸ÑÐµÑÑÐ²Ð¾Ð¼ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹, Ð¿ÑÐ¾Ð²Ð¾Ð´ÑÑÐ¸Ñ Ð¾Ð±ÑÐ°ÑÐ½ÑÐ¹ Ð²ÑÐºÑÐ¿ Ð°ÐºÑÐ¸Ð¹. ÐÑÑÐ¾ÑÐ½Ð¸ÐºÐ°Ð¼Ð¸ Ð¸Ð½ÑÐ¾ÑÐ¼Ð°ÑÐ¸Ð¸ Ð²ÑÑÑÑÐ¿Ð¸Ð»Ð¸ Ð´Ð°Ð½Ð½ÑÐµ Ð¾ÑÐµÑÐµÑÑÐ²ÐµÐ½Ð½Ð¾Ð¹ Ð¸ Ð·Ð°ÑÑÐ±ÐµÐ¶Ð½Ð¾Ð¹ Ð½Ð°ÑÑÐ½Ð¾-Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°ÑÐµÐ»ÑÑÐºÐ¾Ð¹ Ð»Ð¸ÑÐµÑÐ°ÑÑÑÑ, Ð¾ÑÐ¸ÑÐ¸Ð°Ð»ÑÐ½ÑÑ Ð¸Ð½ÑÐµÑÐ½ÐµÑ-ÑÐµÑÑÑÑÐ¾Ð² Ð¸ Ð°Ð½Ð°Ð»Ð¸ÑÐ¸ÑÐµÑÐºÐ¸Ñ ÑÑÐµÐ´ÑÑÐ². ÐÑÐµÐ´Ð»Ð¾Ð¶ÐµÐ½Ñ ÑÐµÐºÐ¾Ð¼ÐµÐ½Ð´Ð°ÑÐ¸Ð¸ Ð¿Ð¾ ÑÐµÐ°Ð»Ð¸Ð·Ð°ÑÐ¸Ð¸ Ð¿ÑÐ¾Ð³ÑÐ°Ð¼Ð¼ Ð²ÑÐºÑÐ¿Ð° Ð°ÐºÑÐ¸Ð¹ Ð¿ÑÐ¸ ÑÐ°Ð·Ð½ÑÑ ÑÐµÐ»ÑÑ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹. Ð Ð°ÑÑÐµÑÑ, Ð²ÑÐ¿Ð¾Ð»Ð½ÐµÐ½Ð½ÑÐµ Ð² Ð´Ð°Ð½Ð½Ð¾Ð¹ ÑÐ°Ð±Ð¾ÑÐµ, Ð¾ÑÑÑÐµÑÑÐ²Ð»ÑÐ»Ð¸ÑÑ Ñ Ð¿Ð¾Ð¼Ð¾ÑÑÑ Ð¿Ð°ÐºÐµÑÐ° MS Office (Excel).
description: The purpose of the work is to study the impact of announcements about companies repurchasing their own shares on quotations. The object of the study is the shares of Russian companies. The subject of the study is the announcement of companies to buy back their own shares. To achieve this goal, the following tasks were solved in the work: 1) formation of a theoretical basis; 2) research on the history of the emergence of repurchases in Russia; 3) analysis of the main methods for assessing the impact of share repurchase on quotations; 4) selection of the research method and description of the methodology; 5) making calculations and drawing conclusions based on the results obtained on the impact of share repurchase on the companys quotes in the short and long term. The relevance of the topic is due to the increasing number of companies conducting share repurchases. The sources of information were data from domestic and foreign scientific research literature, official Internet resources and analytical tools. Recommendations on the implementation of share repurchase programs for different purposes of companies are proposed. The calculations performed in this work were carried out using the MS Office (Excel) package.