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
treasury shares, treasury stock
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"
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According to the company, it intends to hold any reacquired stock in treasury.
BioSpecifics Technologies Corp's board approves up to USD2m stock repurchase plan
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.
IN DEPTH: Why companies shouldn't back out of share buybacks
The question of how to treat reacquired stock has been murky ever since the Ninth Circuit Court of Appeals in Boise Cascade Corporation v.
Options valuation ... the next chapter

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