Treasury stock may be repurchased: (a) to reissue the shares to officers and employees under bonus and

Question:

Treasury stock may be repurchased:

(a) to reissue the shares to officers and employees under bonus and stock compensation plans.

(b) to signal to the stock market that management believes the stock is underpriced.

(c) to have additional shares available for use in the acquisition of other companies.

(d) More than one of the above.

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