ANALISIS RETURN SAHAM SEPUTAR BUYBACK DI BURSA EFEK INDONESIA TAHUN 2020

Abstract

This research aims to examine and analyze Stock Returns and Stock Trading Volume regarding buybacks on the Indonesia Stock Exchange in 2020. The type of research used in this research is comparative research. The data collection method used was a survey sample with secondary data sources in the form of quantitative data which was processed using the paired sample t-test and the Wilcoxon Sign Ranks Test. The research results show that there is a difference in abnormal returns in the period 1 day, 5 days before and 1 day, 5 days after the buyback, while for 10 days before and after the buyback there is no difference in abnormal returns. The results of this research also show that there is a difference in stock trading volume on 1 day, 5 days before and 1 day, 5 days after the buyback, whereas on 10 days before and after the buyback there is no difference in stock trading volume.