A treasury stock or reacquired stock is stock which is bought back by the issuing company reducing the amount of outstanding stock on the open market (open market including insiders’ holdings).

Stock repurchases are often used as a tax-efficient method to put cash into shareholders’ hands, rather than pay dividends. Sometimes, companies do this when they feel that their stock is undervalued on the open market. Other times, companies do this to provide a “bonus” to incentive compensation plans for employees. Rather than receive cash, recipients receive an asset that might appreciate in value faster than cash saved in a bank account. Another motive for stock repurchase is to protect the company against a takeover threat.

The United Kingdom equivalent of treasury stock as used in the United States is treasury share. Treasury stocks in the UK refer to government bonds or gilts. More info

The stock or capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors. Stock is distinct from the property and the assets of a business which may fluctuate in quantity and value.

The stock of a business is divided into shares, the total of which must be stated at the time of business formation. A share has a certain declared value which is commonly known as the par value of a share. The par value is the de minimis (minimum) amount of money that a business may issue and sell shares for in many jurisdictions and it is the value represented as capital in the accounting of the business. A business may declare different types (classes) of shares, each having distinctive ownership rules, privileges, or share values. Ownership of shares is usually documented by issuance of a stock certificate. A stock certificate is a legal document that specifies the amount of shares owned by the shareholder, and other specifics of the shares, such as the par value, if any, or the class of the shares or stocks. In the United Kingdom, South Africa, and Australia, stock can also refer to completely different financial instruments such as government bonds or, less commonly, to all kinds of marketable securities. Stock has two types: common stock and preferred stock. As a unit of ownership, common stock typically carries voting rights that can be exercised in corporate decisions. Preferred stock differs from common stock in that it typically does not carry voting rights but is legally entitled to receive a certain level of dividend payments before any dividends can be issued to other shareholders. More info

Vocabulary:

detriment (n): the act of causing harm or damage; sth that causes harm or damage

….to the detriment of sb/sth: resulting in harm or damage to sb/sth

I’ve been away from this site for quite a long time. It’s not because I was very busy but it’s rather because I had nothing to write or just because I was lazy. This should be time to say “HI” to everyone and start making my page an active one.

Yukio Hatoyama becomes Japanese’s fourth straight Prime Minister who stayed in power less than one year.

He said he has decided to step down to take responsibility for his failure to resolve a dispute over relocating a U.S. military base in the way he promised, as well as scandals over political funds involving himself and other DPJ members.

Many DPJ lawmakers in the upper house, whose current six-year terms expire in July, had been pressuring Hatoyama to quit.

They have insisted that Hatoyama give the party a better chance in the House of Councillors election widely expected to be held on July 11 by stepping down. The DPJ holds a comfortable majority in the lower house but lacks a majority in the upper house. Source: Japan Today

មិនដឹងជាយ៉ាងម៉េចទេ ដូចជាពិបាកចិត្តដល់ហើយ។ ដូចជាគ្មានរឿងអ្វីធំដុំទេ តែមិនស្រលះក្នុងចិត្តទាល់តែសោះ ថែមទាំងគេងមិនលក់ទៀតផង​។