3 years ago

All of the following are reasons for a company to repurchase its previously issued stock, except:

Business

1 answer:

gladu [14]3 years ago

4 0

Answer:

The correct answer is option d. to increase the shares outstanding.

Explanation:

A company can repurchase its previously purchased stocks to resell to the employees, for bonuses to employees and to even support the market price of the stock.

But the company certainly will not repurchase its previously purchased stocks to increase the shares outstanding.

I hope the answer is helpful.

Thanks for asking.

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