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authorized shares
(redirected from authorized capital stock)

   Also found in: Financial 0.01 sec.
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Noun1.authorized shares - the maximum number of shares authorized under the terms of a corporation's articles of incorporation
stock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock"


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Founded by Iran`s Tejarat Bank and Belarus` Lada OMS Holding, the new bank has an authorized capital stock of more than e1/45 million, said the press office of the National Bank of Belarus.
The stockholder also approved the reelection of Porta Systems' current board of directors, the adoption of a long-term incentive plan, the selection of BDO Seidman, LLP as Porta Systems' independent registered accounting firm for the year ending December 31, 2009 and a reduction of the authorized capital stock.
Closing of the transaction is subject to customary conditions, including Skinny Nutritional's receipt of stockholder approval to increase its authorized capital stock, which will enable the warrant to be exercisable.
 
 
 
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