Which of the following statements best defines treasury stock?

• A. Treasury stock is stock that a company has not yet issued to the public.
• B. Treasury stock is stock issued by the U.S. Department of the Treasury.
• C. Treasury stock is stock that a company has issued and subsequently repurchased
• D. Treasury stock is stock that a company issues to its executives as part of their compensation.
• E. Treasury stock is stock that a company keeps in reserve to pay dividends to shareholders.

(ChatGPT answers won't be accepted)