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treasury stock Definition

☆ treasury stock

noun

shares of issued stock reacquired by the issuing corporation and held by it

Treasury stock Finance Definition

Stock that is authorized and issued by a company and is later bought back. Dividends are not paid on Treasury stock, and no voting rights are associated with them. A corporation can hold Treasury stock indefinitely, reissue the shares, or cancel them. Treasury stock is not related to U.S. Treasury debt.

treasury stock Law Definition

n

Shares of stock issued by a corporation, and then repurchased by it.