What is the expected effect on share repurchase programs, Financial Management

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What is the expected effect on share repurchase programs

1. What is a stock dividend? How does this differ from a stock split?

2. What factors have contributed to the growth in share repurchase programs by American public companies over the past twenty years? What is the expected effect on share repurchase programs from the passage of the Jobs and Growth Tax Relief Reconciliation Act of 2003?

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