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In January 2025,ConcordCorporation, a newly formed company, issued10100shares of its $0.10par common stock for $15 per share. On July 1, 2025,ConcordCorporation reacquired1010shares of its outstanding
In January 2025,ConcordCorporation, a newly formed company, issued10100shares of its $0.10par common stock for $15 per share. On July 1, 2025,ConcordCorporation reacquired1010shares of its outstanding stock for $12per share. The acquisition of these treasury shares
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decreased total stockholders' equity.
increased total stockholders' equity.
decreased the number of issued shares.
did not change total stockholders' equity.
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