Impact of Share Repurchase Methods on Stock Price

ABC Corp has recently announced a share repurchase program as part of its capital distribution strategy. The company's management is evaluating three potential methods for repurchasing shares: a fixed-price tender offer, open market purchases, and a Dutch auction tender offer. Each method has its implications on shareholder value, tax consequences, and the company’s stock price volatility.

Which of the following share repurchase methods is most likely to lead to a higher market price for the remaining shares post-repurchase due to signaling effects regarding management’s expectations about the firm's future earnings?