Question: While looking at their Annual Report (2) items appeared that I was unclear about: Accelerated Share Repurchase Retired and Restored What would be a reason

While looking at their Annual Report (2) items appeared that I was unclear about:

  • Accelerated Share Repurchase
  • Retired and Restored

What would be a reason to "accelerate the repurchase of common stock? And why does a company retire a stock before it is restored? Does it have to be retired if the limit to authorized shares has already been reached?

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