英语阅读题II.Read below,and answer the following questions.Jeroz

英语阅读题
II.Read below,and answer the following questions.
Jeroz To Buy Back Shares
Jeroz announced that its board of directors has authorized the buyback of $1 billion of its shares.According to a statement by the company,the buyback operation will be carried out in stages,and will reduce the number of shares available to the public by 7 percent.
After the announcement was made,prices for Jeroz shares rose to $31.50 a share,a gain of 5.75.Last month,Jeroz posted the fourth-quarter losses totaling $1.093 billion against profits of $311 million for the same period one year ago.
1.\x05Who has approved the stock purchase?
(A)\x05The shareholders
(B)\x05The board of directors
(C)\x05The chief financial officer
(D)\x05The Securities and Exchange Commission
2.\x05What will the buyback accomplish?
(A)\x05A 7% reduction in the public supply of Jeroz shares
(B)\x05Creation of a surplus of Jeroz shares
(C)\x05The creation of a banking subsidiary
(D)\x05A loss for the third quarter
3.\x05What happened after the buyback was made public?
(A)\x05The shareholders held a meeting.
(B)\x05The price of Jeroz stocks increased.
(C)\x05The supply of Jeroz stocks decreased.
(D)\x05A new board of directors was elected.
4.\x05What did Jeroz do one year before?
(A)\x05Its stock gained $5.75 per share.
(B)\x05It bought 7% of its outstanding stock shares.
(C)\x05It posted a fourth quarter loss of $1.093 billion.
(D)\x05It posted a fourth quarter profit of $311 million.

1,B注意阅读中第一行 authorize是授权委托的意思,而approve是批准赞成的意思,所以答案就出来了 board of directors
2,A 注意 the buyback operation will be carried out in stages,and will reduce the number of shares available to the public by 7 percent.
3,B 注意After the announcement was made,prices for Jeroz shares rose to $31.50 a share,a gain of 5.75.中的 rose （提高）一词
4,D 注意against有相比相对的意思,against profits of $311 million for the same period one year ago.意思是相比于去年的同一时期（就和电视上说的“同比”一样）的311百万的利润