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Author Question: Which of the following is NOT a reason for a company to purchase treasury stock? (Read 52 times)

pragya sharda

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Which of the following is NOT a reason for a company to purchase treasury stock?
◦ To buy the stock at a high price to increase total Stockholders' Equity
◦ To support the company's stock price
◦ To avoid a takeover by an outside company
◦ To reward valued employees


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Marked as best answer by pragya sharda on Feb 18, 2020

frejo

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pragya sharda

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Reply 2 on: Feb 18, 2020
Excellent


alvinum

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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