As an example say there are 100 shares of stock an
Post# of 56323
Posted On: 03/17/2014 12:46:13 AM
Re: BourneToPlay #5841
As an example say there are 100 shares of stock and each share is worth $1.00. The company itself purchases 50 of those 100 shares and retires those 50 shares. There now are 50 shares of stock worth $2.00 remaining. If my explanation is incorrect or I have left something out I'm sure I will be corrected.
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