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authorized stock

Also found in: Financial, Hutchinson

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Noun

authorized stock - the maximum number of shares authorized under the terms of a corporation's articles of incorporation

authorized shares, capital stock

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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authorized shares
capital stock

stock

As part of a previously authorized stock repurchase program, the Company is also currently permitted to purchase approximately an additional $32 million of its shares of Class A Common Stock, subject to market conditions.

Polo Ralph Lauren Board Authorizes $250 Million Stock Repurchase ... by Business Wire

61 Consolidated Reported Operating Income Increases 8% Versus Year Ago Quarter Net New DSL Subscribers Increase 61% Versus Year Ago Quarter End CTE Completes $150 Million Authorized Stock Repurchase Program

CTE Reports 2006 First Quarter Results by Business Wire

The transaction will be effective immediately upon ratification of Positron Corporation's increase of its authorized stock.

Imagin Molecular Corporation Announces Conversion of Positron ... by Business Wire

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