1 (of 40) value 2.50 points MC Qu.51 A corporate charter specifies... A corporate charter specifies that the company may sell up to 39 million shares of stock. The company issues 31 million shares to investors and later repurchases 12.5 million shares. The number of issued shares after ese transactions have been accounted for is: O 31 million shares. O 27 million shares. O 19 million shares O 20 million shares. References