Asked by Angel Castillo on Jun 10, 2024

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Treasury stock shares are

A) shares held by the U.S. Treasury Department
B) part of the total outstanding shares but not part of the total issued shares of a corporation
C) unissued shares that are held by the treasurer of the corporation
D) issued shares that have been reacquired by a corporation

Outstanding Shares

The total number of shares of a corporation's stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

  • Acquire knowledge on the economic effects and bookkeeping practices related to stock splits and operations involving treasury stocks.
  • Know how treasury stock transactions are recorded and their impact on financial statements.
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Verified Answer

RD
rasbeer dhillonJun 15, 2024
Final Answer :
D
Explanation :
Treasury stock shares are issued shares that have been bought back by the corporation and are no longer considered outstanding.