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a. Stock purchased by the U.S. Treasury Department
b. Stock repurchased by the issuing company, reducing the amount of stock outstanding in the open market
c. Stock purchased by the treasurer of the company for their personal portfolio
d. Stock not allowed to be purchased in the first days after IPO
>>>>>>>>>>>>>> B. Stock repurchased by the issuing company, reducing the amount of stock outstanding in the open market
stock purchased by the issuing company thus reducing the stock in the open market, and held in their treasury for offloading in the market at an appropriate time - that's not the stock purchased for cancellation
b. Stocks repurchased by the issuing company, reducing the amount of stock outstanding in the open market.
Treasury stock is the firm’s own stock that has been repurchased.
Treasury stock is reported either at cost (as a deduction from total equity in Balance Sheet)
or at par (as a direct reduction of the relevant contributed capital account).
Treasury stock is reported as a reduction of equity in Balance Sheet.
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