Shares that are reacquired and are not cancelled by the issuing corporation are called

Question

Quizplus · Accepted Answer

Shares that are reacquired and not cancelled are called treasury shares. They are held by the issuing corporation and can be used for various purposes, such as employee stock option plans or future acquisitions. Capital shares refer to the total number of shares issued by the corporation, redeemed shares are those that have been bought back by the corporation and cancelled, preferred shares have specific rights and privileges over common shares, and callable shares give the corporation the right to buy back shares at a predetermined price.

Shares That Are Reacquired and Are Not Cancelled by the Issuing