Treasury Stock: Glossary Definition
Definition of Treasury Stock:
Shares of stock of a corporation which were issued and later re-acquired by the corporation. This can occur several ways, including by repurchase by the company or if the shares were subject to vesting (i.e. risk of forfeiture) and the vesting conditions were not satisfied, which results in a forfeiture of the shares back to the company. Treasury stock is considered “issued, but not outstanding.”
