I'm not a corporate tax accountant (I'm sure many others are not either), please explain your logic or are we just supposed to take your word? We are all here to learn are we not? I don't claim to be some mastermind, just a concerned investor.

So you are saying they get no credit for giving them away, but have to pay when they get them back? Doesn't make logical sense to me, so why not clear it up?

I ran a small unincorporated business many years ago and although there were no shares changing hands, debits and credits did cancel each other out.