NO.PZ2016021705000058
问题如下：
If a company’s objective is to support its stock price in the event of a market downturn, it would be advised to authorize:
选项：
A.an open market share repurchase plan to be executed over the next five years.
B.a tender offer share repurchase at a fixed price effective in 30 days.
C.a Dutch auction tender offer effective in 30 days.
解释：
A is correct.
Of the three methods, only an authorized open market share repurchase plan allows the company the flexibility to time share repurchases to coincide with share price declines.
1.预测到市场会下降，是不是后续repurchase价格越低越好？
2.repurchase价格不是要高的时候，才能给share price做支撑吗？
