Treasury stock shares are shares of stock that are:
A)Authorized and outstanding.
B)Authorized but not issued.
C)Authorized,issued,and outstanding.
D)Authorized and issued,but not outstanding.

Question

Quizplus · Accepted Answer

Treasury stock shares are shares that have been authorized and issued in the past but have been bought back by the company and are no longer outstanding. Therefore, they are authorized and issued but not outstanding.

Treasury Stock Shares Are Shares of Stock That Are