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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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