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Shares Authorized, Issued, and Outstanding
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Shares Authorized, Issued, and Outstanding
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12. Stockholders' Equity / Shares Authorized, Issued, and Outstanding / Problem 8
Problem 8
Which of the following is a strategic reason for a corporation to repurchase its own shares?
A
To increase the number of outstanding shares.
B
To decrease the company's debt.
C
To increase the value of remaining shares by reducing supply.
D
To issue more shares to the public.
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