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Unissued Stock |
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Unissued stock Unissued Capital Stock Stock that a publicly-traded company is authorized to issue but has not. Generally, the company's charter specifies the maximum number shares it is allowed to issue, but shareholders can increase or decrease it according to procedures listed in the charter. There is normally a larger amount of unissued capital stock than is required in order to give a company the greatest amount of flexibility. See also: Authorized shares. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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