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Investment Q&A

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Royal Bank of Canada (RY $216.21)
- $216.21 P/E (TTM): 16.35X Cap: $303.77B
- View RY Profile
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Q: Hi Peter. The Royal Bank (RY) has announced they will be repurchasing 30 million of their shares. What effect does this have on existing stock. An increase in value ?

Read Answer Asked by David on October 18, 2012

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