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Definition of Treasury shares
1. Noun. Stock that has been bought back by the issuing corporation and is available for retirement or resale; it is issued but not outstanding; it cannot vote and pays no dividends.
Lexicographical Neighbors of Treasury Shares
Literary usage of Treasury shares
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
""Since our first offer of MAYFIELD treasury shares, there has been just one
FORWARD MARCH!! "Now we are bringing the financing of the MAYFIELD OIL ..."
2. Reports of Cases Decided in the Court of Appeal [1876-1900]. by Ontario Court of Appeal, James Stewart Tupper, Richard Scougall Cassels, Christopher Robinson, James Frederick Smith, Law Society of Upper Canada (1901)
"The defendants urged that the shares were not treasury shares or shares belonging
to the company, but shares which had been issued to other persons ..."
3. British Columbia for Settlers: Its Mines, Trade, and Agriculture by Agnes Fraser (1898)
"... more of the treasury shares left, they must fall back on the promoters' shares.
The choice is left them of selling the mine " right away," and dividing ..."
4. The Michigan Digest Annotated: Embodying All Reported Decisions from the by Albert Poole Jacobs, Henry Allen Chaney, George Foster Longsdorf, Callaghan and Company (1921)
"Where a plaintiff buys shares of stock of a mining company upon the representation
of the defendant owner that they are treasury shares, when in fact they ..."