authorized capital stock


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Authorized Shares

The maximum number of shares a company is allowed to issue. Generally, the company's charter specifies the number of authorized shares, but shareholders can increase or decrease it according to procedures listed in the charter. Typically, the number of authorized shares is larger than the required amount in order to give a company the greatest amount of flexibility. Authorized shares are also called authorized capital stock or simply authorized stock.

authorized capital stock

The number of shares of capital stock that a business may issue. Authorized capital stock is stated in a firm's articles of incorporation; changes in it may occur only if approved by the stockholders. The number of shares authorized often greatly exceeds the number actually issued. In this way, management can issue more shares to raise additional funds, or it can use the shares to make an acquisition. Also called shares authorized.
References in periodicals archive ?
Authorized capital stock, which refers to the number of stocks that a firm may issue, is stated in a company's articles of incorporation, where changes may only be made with the approval of stockholders and regulators.
Rise of the authorized capital stock for Promsvyazbank is an important positive moment due to historically the bank keeps the capital sufficiency at the level, close to the minimal allowed requirement of the Bank of Russia.
Metrobank s board approved the increase in its authorized capital stock from P50 billion to P100 billion.
Additional information regarding the increase in Sutor's authorized capital stock, its 1-for-10 reverse stock split and the name change as well as a copy of the Amended and Restated Articles of Incorporation can be found in Sutor's Definitive Information Statement on Schedule 14C and its Current Report on Form 8-K, which were dated and filed with the U.
Mentor Corporation (NYSE:MNT) announced today that at its reconvened annual meeting of shareholders held on October 1, 2007, the shareholders approved an amendment to Mentor's Restated Articles of Incorporation to increase the total number of shares of authorized capital stock and to provide for the issuance of preferred stock in one or more series.
has announced plans to double its authorized capital stock to P100 billion.
Energy: Holders of Lenenergo confirmed the plans of building up the authorized capital stock via placement of the additional emission via public subscription in the volume of 273.
Additional information regarding the increase in Bronze Marketing's authorized capital stock, its 1-for-10 reverse stock split and the name change as well as a copy of Bronze Marketing's Amended and Restated Articles of Incorporation can be found in Bronze Marketing's Preliminary Information Statement on Schedule 14C and its Current Report on Form 8-K, each of which were dated and filed with the U.
The meeting was also called for the purpose of approving an amendment to Mentor's Restated Articles of Incorporation to increase the total number of shares of authorized capital stock and to provide for the issuance of preferred stock in one or more series.
Of this amount, P20 billion will be infused by the national government into the authorized capital stock of Bangko Sentral ng Pilipinas (BSP).
In September, sum volume of the authorized capital stock and emission income grew 26%, and the banks own assets sufficiency limit, calculated by the method of Bank of Russia, has upped from 11.
announced today that a three (3)-for-one (1) reverse stock split (the "Reverse Split") and corresponding decrease in the authorized capital stock of the Company from 49,000,000 ordinary shares, par value NIS 0.

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