Treasury stock is issued but not outstanding.

Treasury Stock

Shares that were once issued and outstanding but were subsequently reacquired by the issuing company and are held in the company’s treasury.

Outstanding

Something that is exceptionally good or remaining unpaid or unresolved.

Digest the directives pertaining to the distribution of stocks, handling of treasury stock, and the liberties of stockholders.

Verified Answer

Daniel MendezJul 07, 2024

Final Answer :

True

Explanation :

Treasury stock refers to shares that were issued and subsequently reacquired by the issuing corporation, thus they are not considered outstanding shares and do not have voting rights or pay dividends.

Learning Objectives

Digest the directives pertaining to the distribution of stocks, handling of treasury stock, and the liberties of stockholders.

Treasury stock is issued but not outstanding.

Definitions

Learning Objectives

Learning Objectives

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