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It had a strategy to repurchase its stocks at some time they ended up undervalued. The organization retains an eye fixed on its stock value and Every time they find which they have been undervalued then they utilized to obtain it with the open browse around here up market place.
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Higher gearing lowers the WACC, but It's not normally the case. Occasionally the debt funding is large enough that case the increase in the expense of fairness nullify the debt financing impact on WACC or in some cases it boosts the WACC in case of greater personal debt funding.
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