no par

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No Par

A stock that is not assigned a face value at issue. This was once important but no longer is because the prices of stocks vary constantly.

no par

Of or relating to a stock with no specific value assigned to it at the time of issue. Whether a stock has a par value or not is no longer of any consequence to investors.
References in periodicals archive ?
The ANDRITZ AG Executive Board decided to purchase ANDRITZ AG no-par value shares issued to bearers.
As a result of the split, the nominal capital of Nemetschek SE has tripled from currently 38,500,000 to 115,500,000 no-par value bearer shares.
In line with the board's proposal, the Meeting resolved to adopt an increase in the share capital against contributions in kind by EUR 1.298m by issuing 1.298m new registered no-par value shares representing a pro rata share of the share capital of EUR 1.00 each.
Maruho has decided to offer to the shareholders of Biofrontera, by way of a voluntary public tender offer in the form of a partial offer, to acquire a total of up to 4,322,530 no-par value registered shares of Biofrontera against payment of EUR6.60 per share in cash.
By issuing the new shares, the share capital of the company will be increased by 58,880,000.00 [euro] to 659,040,714.24 [euro], divided into 257,437,779 no-par value bearer shares.
8 December 2011 - Germany-based biopharmaceutical company Agennix AG (ETR:AGX) has successfully raised some EUR27m (USD36.2m) in a rights offering completed on 6 December 2011, with shareholders subscribing to 9,319,504 new no-par value bearer shares.
Heidelberger Druck plans to place a maximum of 156,086,868 new no-par value shares for some EUR420m (USD512.8m) in proceeds.
The management will issue 845,000 new ordinary no-par value bearer shares with a nominal value of EUR 1 apiece.
The restructuring programme will also include improving its capital structure by introducing no-par value shares, registered shares, share repurchases and stock option plans.
Start and expected duration of the buy-back program: August 2, 2019 (= end of blackout period for Q2/2019) to February 3, 2020; type of shares to which the buy-back program refers: ANDRITZ AG no-par value shares issued to bearers.
Subject to final verification, the company said the voluntary public takeover offer for all no-par value bearer shares of Wincor Nixdorf has reached the minimum acceptance rate of 67.6% of all existing Wincor Nixdorf shares, including treasury shares held by Wincor Nixdorf.
(NYSE: DBD) has commenced the voluntary public takeover offer for all no-par value bearer shares of German banking software, hardware and services firm Wincor Nixdorf Aktiengesellschaft, the company said.