share capital

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Related to Issued capital: issued capital stock

share capital

the money employed in a JOINT-STOCK COMPANY that has been subscribed by the SHAREHOLDERS of the company in the form of ORDINARY SHARES (equity) and PREFERENCE SHARES, and which will remain as a permanent source of finance as long as the company remains in existence. See also LOAN CAPITAL, CAPITAL GEARING, STOCK.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

share capital

the money employed in a JOINT-STOCK COMPANY that has been subscribed by the SHAREHOLDERS of the company in the form of ORDINARY SHARES (equity) and PREFERENCE SHARES and that will remain as a permanent source of finance as long as the company remains in existence. The providers of share capital share in the (residual) profits of the company in the form of DIVIDEND payments paid out of profits. The dividends paid will tend to vary from year to year with profits earned, although some profits may be retained in the company and added to RESERVES to be used to finance the acquisition of further assets. In this regard shareholders differ from the providers of LOAN CAPITAL, who are rewarded by means of regular INTEREST payments. However, shareholders rank after the providers of loan capital both in terms of receiving current income payments and repayment of the capital sums subscribed in the event of company INSOLVENCY. See CAPITAL-GEARING.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Muscat, Mar.16 (ONA) The Ministry of Commerce and Industry said that 18 new Omani closed joint stock companies were licensed in 2018, with issued capitals of RO14,233,333.
Khalid bin Khamis al Masroori, director of commercial establishments control department at the Ministry of Commerce and Industry, said that total number of registered Omani joint stock companies increased to 386 at the end of June 2018 with issued capital amounting to RO8.45bn.
The Board of Directors of Abu Dhabi Islamic Bank (ADIB) has recommended to increase the issued capital of the bank by AED 464 million issuing new shares at a nominal value of AED 1 per share as well as an issuance premium of AED 1.16 per share, bringing the total value of the Rights issue to AED 1 billion.
Established in 2004, Boubyan Bank was listed on Kuwaiti stock exchange in 2006 with an issued capital of KD 216.6 million (around USD 708.2 million).
MELBOURNE, Australia, March 27, 2017 -- Mesoblast Limited (MESO) said it has completed a fully underwritten institutional placement of 26.25 million new shares (six percent of issued capital) and has raised approximately $40 million.
Barwa Real Estate Company's issued capital will now be more than QR3.89bn, comprising 389.12mn shares of QR10 each.
Reportedly, the company's issued capital amounts to EUR56,083,826.40 divided into a total of 26,322,212 ordinary shares with one voting right each and 594,372 class C shares, also with one voting right each.
In conjunction, there is a possibility of an early conversion of the convertibles notes if a third party acquires more than 50% of the issued capital of NRT.
CSC will acquire 100% of the issued capital of UXC for a cash consideration of AUD 1.22 per share.
Mandatory tender offers (which must be offered to all shareholders of the relevant company) is required when a person (along with its related parties): (i) acquires more than one-third of the capital or the voting rights of a target; (ii) if owning more than one-third but not exceeding half of the issued capital and voting rights and undertakes a transaction that results in ownership in excess of half of the issued capital or voting rights, or an increase of two percent in any 12-month period; or, (iii) if owning more than half but not exceeding three-quarters of the issued capital and voting rights and undertakes a transaction that results in ownership in excess of three-quarters of the issued capital or voting rights, or an increase of two percent in any 12-month period.
With authorised capital of QAR 4 billion, and issued capital at QAR 3 billion, Barwa Bank provides a full range of Shari'ah-compliant banking services including retail, corporate and commercial banking, business banking, private banking, real estate finance, structured finance, investments and asset management.
The rights issue will bring the firm's issued capital to EGP 8 billion ($1.1 billion).