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Question : In order to lower the number of shares outstanding, a company will repurchase its own shares from the market. It is called-

Option 1: Issue of Shares

Option 2: Forfieted Shares

Option 3: Buy Back of Shares

Option 4: None of the above


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

Correct Answer: Buy Back of Shares


Solution : When a company buys its own outstanding shares, commonly referred to as repurchasing shares, it lowers the number of shares that are accessible in the open market called buy back of shares.

Hence the correct answer is option 3.

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