Treasury stock refers to
A)bonds issued by the U.S. government.
B)ownership interests in a commercial bank.
C)shares of stock that have been authorized to be sold, but that have not yet been sold to the public.
D)shares of stock that have been repurchased by the company that issued them.

Question

Quizplus · Accepted Answer

Treasury stock refers to shares of stock that have been repurchased by the company that issued them. These shares are not outstanding or held by any investors, and are often held in the company's own treasury. Treasury stock refers to shares of stock that have been repurchased by the company that issued them. These shares are no longer outstanding and do not have voting rights, but they remain on the company's balance sheet as a reduction in shareholders' equity.

Treasury Stock Refers to