Baxter Inc buys as treasury stock 2,000 shares of its own common stock at $20 per share How is this transaction reported on the statement of cash flows ...

The purchase of 2000 shares of treasur ...

Baxter Inc. buys as treasury stock 2,000 shares of its own common stock at $20 per share.

Question:

Baxter Inc. buys as treasury stock 2,000 shares of its own at $20 per share. How is this transaction reported on the statement of cash flows?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...