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What are the rules regarding the reissue or retirement of stocks held in treasury?

For example, if a corporation withholds some shares of stock in treasury when an employee exercises options (for tax purposes beneficial to the employees), are there some regulations or rules regarding how those stocks held in treasury are re-issued to the public or retired permanently? Sources please! For example, if a corporation withholds some shares of stock in treasury when an employee exercises options (for tax purposes beneficial to the employees), are there some regulations or rules regarding how those stocks held in treasury are re-issued to the public or retired permanently? Sources please! [Incorporated in Delaware] If you know WHERE I can find those rules it would be just as helpful.

Public Comments

  1. Businesses incorporate in one of the fifty United States. The rules vary state by state. Any answer given on YA should be considered suspect. Your question is one for an attorney involved in business law in the state you are asking about.
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