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Stated Capital

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Legal Capital
The par value of all of a company's shares outstanding. Legal capital may not be distributed as dividends, or as anything else. It is also called stated capital.

stated capital


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Any actions that the Company may take will be consistent with the Company's stated capital management strategy.
As previously announced, the First Distribution will be made through a reduction of the stated capital of the common shares of $17.
Mindready") (TSX:MNY) announced today that it will ask its shareholders, among other things, to approve a special resolution authorizing Mindready to reduce the stated capital account of its subordinate voting shares by an amount of $10,000,000 for the purpose of effecting a one-time special distribution of approximately $0.
 
 
 
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