头衔: 海归上校 声望: 讲师 性别: 加入时间: 2004/02/21 文章: 546 来自: Shanghai Ning in Silicon Valley 海归分: 62596
According to my knowledge, at the time of public offering, not all stocks issued are sold to the public. The company keeps a portion as treasury stock. Also, companies go to the market to buy back their own stocks from time to time. Mainly through these two chennels, they are able to offer ESPP, etc.
