Question: Which statement below regarding a share repurchase is true ? A. A share repurchase grows acompany's assets and equity. B. The company repurchasing shares is

Which statement below regarding a share repurchase is true?

A. A share repurchase grows acompany's assets and equity.

B. The company repurchasing shares is not entitled to vote.

C. Repurchasing shares shrinks acompany's assets and equity.

D. Repurchasing shares increases retained earnings.

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