Has the company reacquired any of its common stock? How you can tell? What is reacquired stock
Question:
Has the company reacquired any of its common stock? How you can tell? What is reacquired stock called? When a company reacquires stock does total stockholders’ equity increase or decrease? Why might a company want to reacquire issued shares?
Step by Step Answer:
The company has reacquired shares The shares are called Treasury Shares ...View the full answer
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
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A stock buyback is when a public company uses cash to buy shares of its own stock on the open market. A company may do this to return money to shareholders that it doesn\\\\\\\'t need to fund operations and other investments.This video will give you detailed overview about how stock buy back works and how it is useful tool for companies to raise capital .
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