The buyback of Handan Iron and Steel Corporation is the first case of the kind in China.The event research method is applied here to study market response and the impact on corporate value.

• 摘要邯郸钢铁股票回购是我国首例流通股回购，本文运用事件研究法考察了市场的反应，分析了回购对企业价值的影响。