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A company may repurchase its own shares for all of the following reasons, except to attempt to influence the market price of the shares. to reduce the numb of shares issued and thereby increase earnings per share and return on equity. to reduce the number of shares issued in order to meet debt to equity bank covenant requirements. to have additional shares available for use in the acquisition of other companies. If a publicly traded company's shares are issued in exchange for a building, the shares are valued at the fair value of the consideration received. nil, because this is a noncash transaction. their carrying amount. their legal value. Dividends were not declared on the preferred shares in 2024 and are in arrears. On September 15,2025, the board of directors of Charles Corporation declared all of the annual dividends on the preferred shares for 2024 and 2025, to shareholders of record on October 1,2025, payable on October 15,2025. The amount of total dividends declared on preferred shares on September 15,2025 , is $16,000.$20,000.$32,000$64,000 Which of the following shows the proper effect of a stock split and a stock dividend? Item Stock Split Total share capital increase Total retained earnings decrease decrease Total shareholders' equity increase Number of shares