When a corporation uses excess cash to buy back its own shares of stock, the result is: 1- an increase in the overall value of the corporation.

When a corporation uses excess cash to buy back its own shares of stock, the result is:1- an increase in the overall value of the corporation.2- an increase in dividends paid and an increase in share price3- a decrease in share price and an increase in dividends paid.4- a reduction of dividends paid by the corporation and a reduction in the number of shares outstanding.