Which of the following is considered a primary market transaction?

A) A firm sells stock to the public for the first time in an IPO.
B) An investor buys stock in Chrysler Canada from his buddy.
C) Chrysler Canada's stockholders sell some of their shares to an activist investor.
D) On September 25, 1995, 30.8 million shares of stock changed hands on the TSX.
E) Labatt's just announced what their upcoming quarterly dividend payment will be.

Primary Market Transaction

The initial issuance and sale of securities directly from the issuer to investors, distinguishing from secondary market transactions where securities are bought and sold among investors.

IPO

Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares for sale to the general public for the first time.

Public

Relating to or involving the people as a whole; often used to describe companies whose shares are available to be bought and sold by the general population.