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Answer: Share repurchases
**Explanation:** - **Option A (Correct):** Share repurchases reduce the number of outstanding shares. A decrease in the number of shares outstanding, all else being equal, will increase the EPS. - **Option B (Incorrect):** Secondary stock issuances increase the number of outstanding shares. An increase in the number of shares outstanding, all else being equal, will decrease the EPS. - **Option C (Incorrect):** Equity-based compensation increases the number of outstanding shares. An increase in the number of shares outstanding, all else being equal, will decrease the EPS.
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