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.
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.
Likewise approved by stockholders was the issuance of shares in one or more tranches - whether out of the increase in authorized capital or out of the unissued capital stock - at P1 per share to LBC Development Corp.
To prevent any significant dilution, BDO replaced the shares used to pay for this acquisition with the issuance of an equal number of new shares from its unissued capital stock through a top-up and borrowing transaction with a substantial BDO shareholder.
37 billion, all to be issued out of the company's authorized and unissued capital stock.
96 million new common shares out of its authorized and unissued capital stock to swap for the outstanding Allied Bank common shares and preferred shares.