单选题
Earlier this year, Slayton Corporation repurchased 5% of its total shares outstanding. At the time, the book value of Slayton shares exceeded their market value. The shares are expected to be reissued in the future when the market price of Slayton' s stock increases. Do Slayton' s repurchased shares continue to have voting rights and to pay cash dividends? Voting rights Cash dividends paid ①A. No Yes ②B. Yes No ③C. No No
【正确答案】
C
【答案解析】Repurchased stock that is not cancelled is called treasury" stock. Treasury stock does not have voting rights and does not receive cash dividends.