Australian dollar—viewed as a proxy for China's growth—spiked as much as up 1 percent against the greenback.
China uses Aussie raw materials.
Chinese demand for the Aussie Dollar is reflected in growth in the dollar. ↑ AUD = ↑ CHINA
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- Jun 2016
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- May 2016
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Stockholder's equity is the capital received from investors. So, treasury stock cannot be included as a company cannot invest in itself.
So upon a share repurchase, both cash and equity is decreased by the same amount
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