Telecommunications
Share Buyback — Treasury Shares
The telecom repurchases its own listed shares in the open market.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Treasury Shares (Contra-Equity) | Equity (-) | 25,000,000.00 | - |
| Cash / Bank | Asset (-) | - | 25,000,000.00 |
💡 Accountant's Note
Share buybacks are an alternative to dividends for returning capital to shareholders. Treasury shares are held at cost as a contra-equity item — they reduce total equity. They can be cancelled or reissued later.
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