Treasury stock is stock that the issuing company buys back from the shareholders. Since the company is buying back its own shares, it decreases cash and stockholder equity, but increases a new balance called "Treasury Stock".
It is called a stock repurchase and is posted to an account called Treasury Stock, a contra-account in the Equity section.
Shares initially sold to an investor and then subsequently repurchased by the issuing corporation. These share are no longer outstanding but remain issued until the corporation cancels them, if it ever does cancel them. Shares issued are not included in the market capitalization calculation.
Because they treasure tags
A court Injunction is the practice of issuing a legal order.
A court Injunction is the practice of issuing a legal order.
A court Injunction is the practice of issuing a legal order.
A court Injunction is the practice of issuing a legal order.
According to sec 56(3), no one can issue any form of application for shares or debentures of a company unless it is accompanied by a memorandum containing such salient features of a prospectus as may be prescribed. Such memorandum is called an abridged prospectus. As per SEC 56(3)2a such salient features are 1.name,address of the company, opening and closing of the issue, name and address of the book running lead manager (BRLM) 2.terms of the present issue 3.particulars of the issue 4.company management and projects 5.financial position of the company Deemed Prospectus Sometimes the company may instead of offering its shares and debentures to the public allot them to any intermediary called issuing house. These issuing house, in turn, allot them for sale to the public by advertisement or circular of its own. Such a prospectus is called deemed prospectus. the main purpose for issuing an offer for sale through an issuing house is that that the company saves underwriting expenses and in turn obtains the expertise of an issuing house.
The cost of issuing new stock is called "Share Issue Cost" or SIC. These costs are treated as an expense on the balance sheet.
exchequer
injunction