_______ are the maximum number of shares of stock a company can sell; this number and the specific rights and characteristics are set in the company __________. _________ are the shares the company has put in circulation; the number of shares in circulation includes the __________ plus the _______, the latter of which are the result of ______-. __________ are when a company distributes a share of profits to stockholders based on the number of shares they own on a ______ basis. ________ stockholders have seniority in payment over ___________ stockholders

1. treasury stock

2. dividends

3. pro rata

4. stock repurchases

5. preferred

6. authroized shares of stock

7. outstanding stock

8. charter

9. common

10. issued shares of stock