If an issuer repurchases stock for a price in excess of par value, what is the impact to capital surplus is that It is lowered by the acquisition cost of the acquired shares, less par value of the acquired share.
If shareholders are known to often pay less than amount of the par value for any kind of share of stock and the issuing company later known to be unable to carry out the its financial obligations, its creditors is one that can act by suing the shareholders for the differences that is said to exist between the purchase price and the amount of the par value to get back the unpaid debt.
Hence, If an issuer repurchases stock for a price in excess of par value, what is the impact to capital surplus is that It is lowered by the acquisition cost of the acquired shares, less par value of the acquired share.
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