Plastic2Oil Inc (PTOI)

[CHUNKY44]

Treasury stock by definition is removed from the outstanding. They are retired to the company treasury. However, they do not count against authorized and can be re-issued into the market (and outstanding) whenever the company finds it necessary. Semantics, but it's basically the same thing you said.

Returning stock to the company treasury does not reduce the Outstanding Share count, it just makes those shares available for other purposes