treasury stock

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Noun1.treasury 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 ?
Total number of shares outstanding (excluding treasury stock): 1,488,813,137
Since shares held in the treasury of a company are not entitled to the right to vote and dividends, it was believed that big corporations with heaps of spare cash will line up for 'treasury stock'.
As an example, we reviewed recently treasury stocks and their uses in three Asean countries, namely Malaysia, Singapore and Indonesia.
Treasury stock denotes that the company owns its own shares till they are either extinguished or sold in the market to raise fresh funds for the combined entity.
Thus shares the company may have repurchased in a buyback can go from "shares outstanding" to "treasury stock" and back to "shares outstanding" in no time at all.
The purpose of the buyback is to either be cancelled, held as treasury stock or disposed of, under the terms of CVM Instruction 390, dated 8 July 2003 (CVM Instruction 390).
However, the repurchases will be stopped as soon as the company's holding of treasury stock reaches 10%.
Stock compensation not only reduces the net income and income tax expense but also impacts the amount of proceeds in the treasury stock method calculation that determines the average number of shares outstanding.
Iberdrola, saddled with e1/424 billion of net debt, said on Monday it would issue 338 million new shares and sell them plus treasury stock at e1/45.63 each to Qatar Holding, the Gulf state's sovereign wealth fund.
Repurchased shares will be held as treasury stock and may be used for the issuance of shares under the company's employee stock plans or for other corporate purposes.
Over the past decade, treasury stock has become--and continues to be--an increasingly important way of managing the balance sheet.
The firm previously said most income for 2009 would come from selling treasury stock.