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LSDefine

Simple English definitions for legal terms

retired stock

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A quick definition of retired stock:

Retired stock is a type of stock that a company has bought back from its shareholders and either canceled or kept. It is also known as treasury stock. This means that the company has fewer shares available for trading, which can affect the value of the remaining shares. It is important for investors to understand the impact of retired stock on a company's financial health.

A more thorough explanation:

Retired stock is a type of stock that a company has issued but then reacquired and either canceled or held. It is also known as treasury stock. Some states treat this stock as if it is authorized but unissued.

ABC Corporation issued 100 shares of common stock, but later reacquired 20 of those shares. These 20 shares are now considered retired stock or treasury stock.

This example illustrates how a company can buy back its own stock and hold it as treasury stock. This can be done for various reasons, such as to increase the value of remaining shares or to use the stock for employee compensation plans.

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19:00
and been physicists and all that cool shit
19:00
instead we boutta do civ pro
19:00
ur unreal
19:01
i cant believe i would have been enrolled at UCI rn... its definitely a great school i just didnt feel like i fit in with the other students when i did pre orientation there
19:02
also they didnt give me enough money to justify the cost
Roll Tide
Dkk
19:06
UCI hella liberal and trans. I think you would like it. More liberal than like Berk and UCLA if you can imagine. @Eggan
Dkk
19:06
I did astrophysics for 3 years and hated it. Dropped out of my first college cus of it. @limpweeny
Dkk
19:07
Do not recommend studying physics. Super boring, a lot of math, and most results are not replicable.
Dkk
19:08
Ill say this though. I studied a lot of Otto Hahn and was happy to see him at the start of Oppenheimer. Made a little appearance. Nice tribute.
19:08
@Dkk: i know the makeup of UCI but im not from california and i didn't like how i'd have to be isolated from the labor movement since it's not very close to LA and OC is mostly a bunch of rich people tbh
19:09
i like berk's proximity to san francisco. the bay area is full of surprises when it comes to labor
19:11
thats why i'm mostly centered on cities with major labor activity this cycle (besides chicago) such as NYC, boston DC (where the union headquarters usually are)
19:11
Anyone else hella concerned w the uptick in applicants? Not sure if I can use the LSD data of the past to reference
some dean said they're only expecting 5-15% increase over the whole cycle, still not great, but not 30% like currently
19:15
Ohhh okay thank goodness. I saw +38% and lowk got scared
19:16
That doesn’t seem too bad if they increase class size by a bit 🙏
Dkk
19:23
Ahh that is true but OC Disney Unions. Can always be involved in those. Some of the biggest unions in California. I was part of that for a couple years but my union was corrupt. @Eggan
Dkk
19:24
Berk is definitely more fun. Unions in LA are of course the screen actors guild and then hospitality stuff like restaurants. It will be good wherever you go imo if that is what you are into.
Dkk
19:25
@sadpadresfan: yeah, Spivey said the same thing wasp pointed out. 30% to start to 15% at the end. I think part of it may also be people just want more variety. Maybe a similar amount of applicants but more variety. More waitlist movement potentially this year. Schools fighting harder for people.
@KnowledgeableRitzyWasp: the NU dean. Him and Spivey did a podcast on it.
And if you look at the numbers they're starting to come down. A couple weeks ago we were up 36 percent up, now we're only 26 percent up.
NotJustALawyer
21:03
@texaslawhopefully: if you are trying to do texas law, why not go to UT Austin. Probably better scholarships for you compared to Harvard and its a pipeline. Unless, of course, scholarships don't matter in your case.
i studied hard stem but i just hate being in an actual lab lol
depends on the type of lab work that you do, the only thing i did enjoy doing was bacterial genetics because that shit is super fast and fun, but working in a wet lab is just a lottttt of sitting and waiting around
hence law, lmao
@NotJustALawyer: I'm trying to do an appellate clerkship and the very top schools just have better placement. And yes, I'm still considering UT, but I think with my numbers I can get scholarship money at most of the T14.
Also I made my username before I had my lsat back and then UT was my top choice, but I’ve been somewhat open geographically. I also have ties to Texas so I don’t think it’d be hard to get back here if I left the state for law school.
Dkk
21:52
Deja Vu lol
[] baddestbunny
22:07
GM to the Queens whose titties move when they drive over speed bumps 🥰😘.. To the rest of y'all young men, Jiffy Lube hiring 🤨
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