SIE practice questioneasyTreasury Stock
Treasury stock refers to shares that:
- ACome with extra voting rights.
- BAre owned by the U.S. Treasury.
- CHave never been sold to the public.
- DWere issued and later repurchased by the company.✓ Correct answer
Explanation
Why D — Were issued and later repurchased by the company.
Treasury stock is stock that was issued and later repurchased by the issuing company. It is not owned by the U.S. Treasury, unissued stock, or stock with special voting rights.
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