Treasury stock is:
A) stock that is authorized, yet not issued as yet.
B) funds saved to be used to buy back stock in the market.
C) stock that is bought back by the corporation, so it is no longer outstanding.

Question

Quizplus · Accepted Answer

Treasury stock refers to shares that were issued and subsequently reacquired by the corporation. These shares are held by the corporation itself and are not considered outstanding, meaning they do not have voting rights or receive dividends.

Treasury Stock Is