unissued capital stock

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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.

unissued capital stock

Corporate capital stock that has been authorized but not yet issued. Management of a firm will often ask its stockholders to authorize many more shares of stock than are actually needed in order to provide flexibility for the issuance of more shares later without stockholders' approval.
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To be clear, we have not yet received formal notice of arbitration and permits applied for remain unissued.
The directors seemed genuinely surprised to learn that United for Change were not proposing a share flotation - despite the fact that we have always highlighted the need only to release unissued shares.
PAUL SIMON, ``The Paul Simon Collection: On My Way, Don't Know Where I'm Goin' '': The best of Simon's solo output plus five previously unissued live tracks.