Firms have the right to resell any Treasury stock they own.

Question

Quizplus · Accepted Answer

Firms do have the right to resell any Treasury stock they own. Treasury stock is the stock that a company has repurchased from the open market, and since it is no longer outstanding, the company has the right to resell it if it wishes to do so. However, this does not necessarily mean that they will choose to do so, as reselling Treasury stock can affect the company's stock price and overall financial position.

Firms Have the Right to Resell Any Treasury Stock They