If common shares are reacquired at a price less than their average cost, the difference is credited to contributed capital.

Name: If common shares are reacquired at a price less than their average cost, the difference is credited to contributed capital.
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When common shares are reacquired at a price less than their average cost, the difference between the repurchase price and the average cost is considered a gain on the repurchase. This gain is credited to contributed capital.

If Common Shares Are Reacquired at a Price Less Than