What was the treasury stock amount for Carbones Pizzeria as of October 31, 2024?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
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M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Statement of Changes in Stockholder's Equity For the Year Ended October 31, 2024
| Commo Shares | on Stock Amount | Common Stock Shares Amount | Additional paid in capital | Retained Earnings | Гreasury stock | Total Equity | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance, October 31, 2023 | 2,500 | $ | 2,500 | $ 266,117 | $ 887,390 | $ (34,556) | $ 1,121,451 | ||||||
| Net income | 198,426 | 198,426 | |||||||||||
| Balance, October 31, 2024 | 2,500 | $ | 2,500 | $ 266,117 | $ 1,085,816 | $ (34,556) | $ 1,319,877 |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the treasury stock as of October 31, 2024, was ($34,556). This figure represents the value of shares that Carbones Pizzeria has repurchased from the market or never issued. Treasury stock is a contra-equity account, meaning it reduces the total equity of the company.
For a prospective franchisee, this number provides insight into the company's capital structure and how it manages its equity. A consistent treasury stock balance might indicate a stable approach to managing company shares. However, significant changes in this balance from year to year could signal shifts in financial strategy that a franchisee might want to understand.
It's important to note that treasury stock is distinct from outstanding shares, which are held by investors. The treasury stock does not receive dividends and has no voting rights. The table also shows that as of October 31, 2024, Carbones Pizzeria had 2,500 common shares, $266,117 in additional paid-in capital, and $1,085,816 in retained earnings, resulting in total equity of $1,319,877.
Franchisees should consider this information in the context of the overall financial health of Carbones Pizzeria. Understanding the equity structure can help assess the long-term stability and potential for growth of the franchise system.