Question: Why does purchase of common stock reduce its paid in capital common stock? ex: existing common stock 240million (par $1) a. purchase of common stock

Why does purchase of common stock reduce its paid in capital common stock?

ex:

existing common stock 240million (par $1)

a. purchase of common stock 6 million (par $1)

b. sold common stock 4million (par $1)

how come these two activities reduce common stock to 238million?

I need detailed answer please

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