Find a publicly traded company that has treasury stock

Find a publicly traded company that has treasury stock on its balance sheet. Provide a link to the balance sheet in your post, and explain the details of the treasury stock transactions based upon the amounts and disclosures found in the financial statements. Why do you think the company acquired the treasury stock? Do not choose a company that has already been reported on by one of your classmates. Participate in follow-up discussion by critiquing the posts provided by your classmates and defending their challenges to your post. Your initial post should be 250-500 words, and should demonstrate solid academic writing skills.