Which of the following statements is not correct? select one: a. after a 3-for-1 stock split, a company's price per share should fall, but the number of shares outstanding will rise. b. investors can interpret a stock repurchase program as a signal that the firm's managers believe the stock is undervalued. c. companies can repurchase shares to distribute large inflows of cash, say from the sale of a division, to stockholders without paying cash dividends. d. stockholders pay no income tax on dividends if the dividends are used to purchase stock through a dividend reinvestment plan. e. stock repurchases can be used by a firm as part of a plan to change its capital structure.