They own a share of a company.
a Stock Broker
It's an organization or person who owns or shares a stock in a company
A stockbroker.
a stock broker
A Stock Broker.
Sales Returns
debit own stock / treasury stockcredit cash / bank
A Stock Broker.
amber conley
It is called a stock repurchase and is posted to an account called Treasury Stock, a contra-account in the Equity section.
A person who buys stocks in a company to own part of
When a corporation buys its own stock, it is referred to as "stock buyback" or "share repurchase." This process allows the company to reduce the number of shares outstanding, which can increase the value of remaining shares and improve financial ratios. Companies may engage in buybacks to return capital to shareholders or to signal confidence in their own financial health.