What is treasury stock? Why do firms have treasury stock?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 12:42 AM

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What is treasury stock and why is it acquired?
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What is treasury stock? Why do firms have treasury stock?

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Any shares repurchased by the company in the open market are recorded as treasur...View the full answer

Fundamentals of corporate finance

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