Why Should a Company Repurchase Its Shares?

A number of shareholders have suggested to us that virtually repurchases its shares. Usually the request for a rational base but a few leanings for spurious logic, they say. Investors should pay more for a business that is large in the hands of a manter with demonstrated pro-shareholder leanings than one run by self-interested manager. If a company's stock is selling well below intrinsic value, repurchase usually makes the most sense,.