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    Solon's Avatar
    Solon Posts: 1, Reputation: 1
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    #1

    Dec 13, 2009, 12:48 PM
    What is consolidated treasury stock
    I have one hundred pounds of treasury 2 1/2% consolidated stock that has been passed on to me from a family member who died fifty years ago. Could someone explain to me what type of investment this might be. P.S.
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Dec 13, 2009, 12:58 PM

    So this is UK treasury stock right ? And what corporation are they issued to?

    Stock that is authorized and issued by a company and is later bought back. Dividends are not paid on Treasury stock, and no voting rights are associated with them. A corporation can hold Treasury stock indefinitely, reissue the shares, or cancel them

    Tick
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