Treasury Shares

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Treasury Shares

Shares issued in the name of the corporation. The shares are considered issued, but not outstanding.Usually refers to stock that was once traded in the market but has since been repurchased by the corporation. Treasury stock not considered when calculating dividends or earnings per share.

Treasury Shares

Stock that a publicly-traded company issues but does not place with investors, or which it has bought back from shareholders. That is, the company holds its treasury shares back until such time as selling them becomes beneficial. Treasury shares have been issued, but they are not considered shares outstanding. Selling treasury shares to the public can be a less expensive way for the company to raise capital because the amount it spent issuing them previously is a sunk cost. Treasury shares are not included in "per share" calculations.
References in periodicals archive ?
31, 1992 1991 Assets Cash and short-term investments $23,115 $24,481 Accounts receivable, net 35,904 31,321 Other current assets 2,968 2,518 Total current assets 61,987 58,320 Fixed assets 16,192 12,128 Accumulated depreciation and amortization (4,286) (3,456) Total 11,906 8,672 Other assets 2,585 2,270 Total assets $76,468 $69,262 Liabilities and equity Accounts payable $20,900 $16,195 Other current liabilities 3,006 1,624 Total current liabilities 23,906 17,819 Deferred income taxes 1,084 1,042 Common stock 101 100 Paid-in capital 41,064 39,698 Retained earnings 31,022 25,260 Cost of reacquired stock (20,709) (14,657) Total liabilities and equity $76,468 $69,262 -0- 7/31/92 /CONTACT: Peter A.