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What does treasury shares mean?

mean Shares Treasury
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What does treasury shares mean?

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• TREASURY SHARES (noun) The noun TREASURY SHARES has 1 sense: 1. 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 Familiarity information: TREASURY SHARES used as a noun is very rare.

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