DISCUSSION (500-600 words with 3 credible references cited in APA)
Use the article handed out in class (url below) to start answering this question – and add to that by researching all pertinent data and relevant articles that will help you arrive at your answer.
a) What was the market value of your assigned company as of end-year 2016? (my selected company name is PFIZER INC). (150-200 words)
b) After noting the amount of stock buyback in Q1 2017 – make a determination as to the change in market value of your assigned firm as of 12/1/2017 – and then make a list of all the value added / value lost actions (from a shareholder’s perspective) other than the share buyback. Essentially you are reporting to me whether, in your opinion, the stock buyback increased shareholder wealth (the s/h that still remain, not the ones that took the buyback offer!). (350-400 words)
****NOTE: Cite all references in APA.
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