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Treasury Stock |
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Corporate stock that is issued, completely paid for, and reacquired by the corporation at a later point in time. Treasury stock or shares may be purchased by the corporation, or reacquired through donation, Forfeiture, or some other method. It is then regarded as the Personal Property of the corporation and part of its assets. The corporation can sell the stock for cash or credit, for par value or market value, or upon any terms that it could be sold by a stockholder. Shares that the corporation has not issued in spite of its authority to do so are ordinarily not regarded as treasury shares but are merely unissued shares. treasury stock n. stock of a private corporation which was issued and then bought back by the corporation or otherwise reacquired by the corporation. Treasury stock held by a corporation earns dividends for the corporation but the corporation may not cast votes in decision-making the way a regular shareholder would be entitled. (See: stock, share) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Stock subscriptions that are partially paid and do not share in dividends until fully paid are treated like warrants and included in diluted EPS using the treasury stock method, discussed later. The number of shares issued and treasury stock as of December 31, 2006: 0 % of the total number of shares issued) 3) Aggregate repurchase amount: Up to 50 billion yen 4) Period of repurchase: From February 2, 2007 to March 30, 2007 (Reference) Total number of shares issued and treasury stock as of December 31, 2006: -- Total number of shares issued (excluding treasury stock): 2,171,855,027 shares -- Treasury stock: 281,198,470 shares |
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