RE:RE:RE:RE:RE:Please explainFrom my financial accounting 101 text book (Needles and Powers) a company can hold stock in its treasury. I better check it again but whatever stock that it holds of itself is counted in total assets as an investment on the asset side of the balance sheet since it can be sold into the market. Or it can be used to pay liabilities such as claims on stocks like options etc. What I get confused about is what value do they assign to any shares in treasury? The market price or the options price? I guess that if the actual sp were higher than the options price then they could hold the shares in treasury and issue new shares to cover option claims. This accounting stuff boggles my mind. Big shell game.