Unconventional monetary policy and stock repurchase: at the level of companies listed on the Tehran Stock Exchange

The aim of this study was to investigate the determinants of stock repurchase during the period of unconventional monetary policy of companies listed on the Tehran Stock Exchange. (1397-1393) In addition, they were accessible, they were selected. The hypotheses of this study were tested using a regression model of tobit, which has received less attention in behavioral symptoms. In this study, Stata software was used to perform static analyzes. The results showed that companies with freer cash flow and lower borrowing costs were more likely to repurchase shares, companies with higher financial leverage were more likely to refuse to repurchase shares, and companies were more likely to reap dividends and repurchase shares in order to attract. They regulate the satisfaction of their stakeholders. The results also show. From a more detailed perspective, this paper provides new insights and evidence to support the view that financial structure should be considered an important factor in determining the effects of unconventional monetary policy.