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Business, 30.07.2021 01:00 jeanneschu

A company repurchased shares for 100.0. They were initially issued for 50.0. The shares are not being cancelled and will be held in treasury by the company. Which of the following statements is correct for the repurchase transaction only? Select one:
a. Total equity will decrease by 50.0
b. Total equity will not change
c. Total equity will decrease by 150.0
d. Total equity will decrease by 100.0

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