Authorized shares, or authorized stock, refer to the maximum number of shares that a corporation can issue as stated in its corporate charter. A corporation is not obligated to issue all of its authorized shares.
Relief from adding to, or setting up, a share premium account when issuing shares at a premium if an issuing company has secured at least a 90% equity holding in another company.
Nominal capital, also referred to as authorized share capital, represents the maximum amount of share capital that a company is authorized to issue to shareholders as per its corporate charter.
Nominal share capital, also known as authorized share capital, is the maximum value of shares that a company can legally issue as stated in its corporate charter.
Overissue refers to the issuance of shares of capital stock in excess of the number authorized by a corporation’s charter. Preventing overissue is the function of a corporation's registrar, usually a bank acting as an agent, which works closely with the transfer agent.
A vendor placing is a strategic financial maneuver used for acquiring another company or business, involving the placement of issued shares with prearranged investors as an alternative to direct cash transactions.
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