Question: Which statement below regarding a share repurchase is true ? A. The company repurchasing shares is not entitled to vote. B. Repurchasing shares shrinks acompany's

Which statement below regarding a share repurchase is true?

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

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

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

D. Repurchasing shares increases retained earnings.

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