Share Premium Account


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Share Premium Account

Capital raised in an issue of shares that exceeds the nominal value of the shares. The share premium account is recorded on the company's balance sheet and cannot be returned to shareholders as dividends.
References in periodicals archive ?
19m in the company's share premium account - the shareholders' equity portion of the balance sheet - would be cancelled and credited to the reserves.
Petards' capital reduction plan; SECURITY
Also, if approved the company will purchase stock through financial intermediaries in one or more transactions on the open market or otherwise, subject to it having sufficient available free reserves in the share premium account.
Pacific Drilling proposes initiation of stock repurchase programme
The Board decided, after examining the Management Board s recommendations, to propose at the June 24th Annual Shareholders Meeting, the distribution of 1 per share from the share premium account, with 0.
France : Vivendi: distribution policy and corporate governance
5 per cent compulsory convertible unsecured bonus stock bonds payable from share premium account.
Al Omaniya proposes 25% dividend for 2013
855 million available in share premium account and remaining account from inappropriate profits of bank was utilized to issue Bonus shares.
ABL announces 25 pc dividend, 10 per cent bonus
The Shareholders also approved issuance of 10 percent Bonus shares by utilizing share premium account.
COLGATE GLOBAL ART CONTEST 2011
Its subsidiary companies - Icebox Holdings, Icebox Midco and Ice Acquisitions - are looking to reduce their capital to pounds 1 each, and Holdings plans to cancel its share premium account.
Iceland Foods returns pounds 330m to shareholders
Focus Solutions also said it had started the process of applying to the court for the cancellation of its share premium account, which will in turn make it possible to pay a dividend.
Leamington firm sharply in Focus as profit margin soars; FINANCIAL SERVICES
They said in a statement: "Sunderland Plc intends, subject to shareholders' approval being obtained, to implement a cancellation of the company's share premium account, to re-register as a private company and amend its articles of association.
Black Cats plan to re-register
87m by transferring the corresponding amount from share premium account to share capital.
PKC Group Oyj to increase its share capital by bonus issue
Once the options are exercised and shares issued, the credit going to the share premium account could be increased to balance the debit.
If it ain't broke, don't fix it
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