reacquired stock

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Noun1.reacquired stock - stock that has been bought back by the issuing corporation and is available for retirement or resale; it is issued but not outstanding; it cannot vote and pays no dividends
stock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
According to the company, it intends to hold any reacquired stock in treasury.
reacquired stock or stock repurchase) are stocks that the issuing company buys back, reducing the amount of outstanding stock on the open market and ideally keeping the stock price at an accurate level.
The question of how to treat reacquired stock has been murky ever since the Ninth Circuit Court of Appeals in Boise Cascade Corporation v.