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FRA question from Schweser

On page 24 (SS#7) of the Schweser FRA book, the third bullet point says that a $10,000 repurchase of stock is a decrease in common stock under Shareholders’ Equity on the balance sheet. Why is this a decrease and not an increase?

okay, that makes sense.
I guess that means Treasury Stock (contra account) would increase.
Thanks for your help!

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