authorized shares

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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"
References in periodicals archive ?
SGOCO" or the "Company"), a company focused on product design, distribution and brand development in the Chinese display and computer product market as well as energy saving products and services, today announced the Company has effected an increase in its authorized share capital and authorized ordinary shares by shareholders' resolution at the Company's annual shareholders meeting held on August 10, 2016.
8 billion right shares at a discount to raise the authorized share capital from Rs 25 billion to Rs 40 billion.
Industry observers feel that Citigroup, Inc would ask holders to boost their authorized share count far beyond what it needs to meet a capital restructuring that was announced last month.
Authorized Share Capital of the National Scheduled Castes Finance and Development Corporation (NSFDC), a Central Public Sector Enterprise (CPSE) working under the aegis of the Union Ministry of Social Justice & Empowerment from Rs.
the shareholders approved the creation of authorized share capital for the purpose of the partial financing of the acquisition of the International Wealth Management business of Bank of America Merrill Lynch outside the United States.
The company has also filed a preliminary proxy to increase the authorized shares of the company, with a record date of December 8, 2011 and a special meeting date of January 24, 2012.

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