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Hi, I was wondering if you can assist with the following questions Tekno Ltd's chief financial officer, Tom Gordon, wants your opinion on the following

Hi, I was wondering if you can assist with the following questions

  1. Tekno Ltd's chief financial officer, Tom Gordon, wants your opinion on the following comment made by the president, Jim Cameron: "I don't see a difference between a share split after which shareholders hold twice the shares as before and a 100% share dividend. In either case, the overall effect is the same: no change to total assets or total equity and a reduction in the market price per share." Do you agree? Explain.
  2. Explain what treasury shares are, and explain the purpose behind treasury shares from the perspective of the company holding them.

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