What does Treasury Stock Common mean?
Treasury Stock – Common represents common stock owned by the issuing company or its consolidated subsidiaries. Treasury stock is recorded at purchase cost, which is inclusive of par value, additional paid-in capital and retained earnings.
As Treasury Stock – Common is a contra account against common stock; it is compiled as a negative figure. Treasury Stock – Common includes:
- Own stock in treasury
- Reacquired common stock/beneficiary interest unit/limited partnership units
- Own Shares held by subsidiaries, trustee, escrow
Treasury Stock – Common [QTSC] excludes:
Own preferred stock (classified as Treasury Stock – Preferred)
Common shares owned by ESOP (classified as ESOP Debt Guarantee)