Many companies buy back shares as part of their capital allocation strategy. When a company buys back its own shares, that stock is accounted for as "treasury stock" on its balance sheet.
The Detroit lender will take a first-quarter hit due to a latest balance sheet restructuring, but said the play should boost profitability in the long term.
Boeing raised around $21 billion in an expanded share sale, one of the largest ever by a public company, shoring up its ...
The sum is big enough to matter even at Tesla, and comes at a moment when attention is returning to the group’s underlying numbers, now that its fully diluted stock market valuation has crashed from ...