One of the reasons a company may reacquire its own shares is to reduce the market value to make the shares more affordable.

Name: One of the reasons a company may reacquire its own shares is to reduce the market value to make the shares more affordable.
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Companies typically reacquire their own shares to reduce the number of shares outstanding, which can increase the value of remaining shares, not to make them more affordable.

One of the Reasons a Company May Reacquire Its Own