Examlex
Which of the following is FALSE?
Repurchase Stocks
A company's action to buy back its own shares from the marketplace, which can affect the company's stock price and earnings per share.
IRS
Stands for Internal Revenue Service, the U.S. government agency responsible for tax collection and tax law enforcement.
Stock Repurchases
Stock repurchases, also known as share buybacks, occur when a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.
Dividends
Dividends are a portion of a company's earnings distributed to its shareholders as determined by the company's board of directors.
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