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Leveraged buybacks

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Figure

Table 1 The Distribution of Share Repurchases Over Time
Table 2 Sources of Financing and Firm Characteristics
Table 3: Short-Term and Long-Run Stock Performance
Table 4 Changes in Investment, Cash, Leverage, Net Leverage, ROA and Z-score Around Buybacks  This table reports average changes in investment, cash, leverage, net leverage, ROA and Z-score before and after repurchase announcements
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