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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The company plans to offer of approximately 1 Billion common shares (from unissued capital stock and treasury shares) at a price of not less than P75 per share, it said in a letter signed by Ferdinand K.
1) The first stage provides that Sector invest in DBE by purchasing previously unissued capital stock of DBE representing a 20% capital stock interest.
To combine all authorized but unissued capital stock including common and preferred stock into a single category of no par value capital stock, which may be subsequently designated into separate classes or series of classes of common and/or preferred by resolution of the board of directors; and d.