Authorized capital stock, which refers to the number of stocks that a firm may issue, is stated in a company's articles of incorporation, where changes may only be made with the approval of stockholders and regulators.
Rise of the
authorized capital stock for Promsvyazbank is an important positive moment due to historically the bank keeps the capital sufficiency at the level, close to the minimal allowed requirement of the Bank of Russia.
Metrobank s board approved the increase in its
authorized capital stock from P50 billion to P100 billion.
Additional information regarding the increase in Sutor's
authorized capital stock, its 1-for-10 reverse stock split and the name change as well as a copy of the Amended and Restated Articles of Incorporation can be found in Sutor's Definitive Information Statement on Schedule 14C and its Current Report on Form 8-K, which were dated and filed with the U.
Mentor Corporation (NYSE:MNT) announced today that at its reconvened annual meeting of shareholders held on October 1, 2007, the shareholders approved an amendment to Mentor's Restated Articles of Incorporation to increase the total number of shares of
authorized capital stock and to provide for the issuance of preferred stock in one or more series.
has announced plans to double its
authorized capital stock to P100 billion.
Energy: Holders of Lenenergo confirmed the plans of building up the
authorized capital stock via placement of the additional emission via public subscription in the volume of 273.
Additional information regarding the increase in Bronze Marketing's
authorized capital stock, its 1-for-10 reverse stock split and the name change as well as a copy of Bronze Marketing's Amended and Restated Articles of Incorporation can be found in Bronze Marketing's Preliminary Information Statement on Schedule 14C and its Current Report on Form 8-K, each of which were dated and filed with the U.
The meeting was also called for the purpose of approving an amendment to Mentor's Restated Articles of Incorporation to increase the total number of shares of
authorized capital stock and to provide for the issuance of preferred stock in one or more series.
Of this amount, P20 billion will be infused by the national government into the
authorized capital stock of Bangko Sentral ng Pilipinas (BSP).
In September, sum volume of the
authorized capital stock and emission income grew 26%, and the banks own assets sufficiency limit, calculated by the method of Bank of Russia, has upped from 11.
announced today that a three (3)-for-one (1) reverse stock split (the "Reverse Split") and corresponding decrease in the
authorized capital stock of the Company from 49,000,000 ordinary shares, par value NIS 0.
