IBM issuing new shares of common stock would be classified as:
A)a new seasoned issue.
B)an initial public offering.
C)a secondary market transaction.
D)A and B.

Question

Quizplus · Accepted Answer

Issuing new shares of common stock by IBM, which is already a publicly traded company, would be considered a new seasoned issue, as it is not their first time offering shares to the public.

IBM Issuing New Shares of Common Stock Would Be Classified