Which statement below is not a reason for a corporation to buy back its own stock.
A) resale to employees
B) bonus to employees
C) for supporting the market price of the stock
D) to increase the shares outstanding

Question

Quizplus · Accepted Answer

Buying back its own stock would decrease the number of shares outstanding, so it would not be done to increase the shares outstanding.

Which Statement Below Is Not a Reason for a Corporation