Treasury stock refers to shares that:

a.Are issued by the U.S. Department of the Treasury
b.Have never been issued by the corporation
c.Were issued and later repurchased by the issuing corporation
d.Are held only by the company's board of directors

Giải thích

Treasury stock is shares the corporation issued and then bought back; it has no voting rights and receives no dividends while held by the company. It is unrelated to the U.S. Treasury, is not unissued, and is not restricted to directors.

Trích dẫn luật: Securities Exchange Act of 1934

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