Treasury stock results from the
A. firm selling stock for greater than its par value.
B. cumulative feature on preferred stock.
C. repurchase of outstanding stock.
D. authorization of additional shares of stock by the board of directors.
Answer:C
Treasury stock results from the
A. firm selling stock for greater than its par value. B. cumulative feature on preferred stock. C. repurchase of outstanding stock. D. authorization of additional shares of stock by the board of directors.