authorized shares

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Related to Authorized Share Capital: Unfunded debt, Issued share capital, nominal share capital
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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.
6m, as well as the increase in the authorized share capital, as set out in Endeavour's management information circular dated 15 March 2016.
The company's shareholders also voted in favor of the proposals to amend and restate the company's memorandum and articles of association and to decrease and amend the company's authorized share capital, in both cases upon the completion of the Merger.
The authorized share capital of the company is USD 200 million which is to be contributed equally by both sides.
The initial authorized share capital of the joint venture company known as SIGRINER Automation (Mfg) Sdn Bhd would be RM5 million and the initial issued and paid-up share capital RM1 million it said.
Approval of the increase in the authorized share capital of the company from USD100,000 divided into 1,000,000,000 shares to USD700,000 divided into 7,000,000,000 shares by the creation of an additional 6,000,000,000 shares.
Oman Air 's Chairman, Darwish Bin Ismail al- Balushi further announced a move to increase the authorized share capital of the company by RO 200,000,000 (two hundred million Omani Rials), to a total of RO 700,000,000 (seven hundred Omani Rials).
The authorized share capital of Warba Bank is KD100 million ($357.
NEW DELHI -- Air India's board has approved rearranging of authorized share capital by issuing preference shares worth Rs 7,500 crore for allotment to lenders of working capital as part of the financial restructuring plan.
To facilitate future expansion, the Company will increase the authorized share capital of the Company to HK$1 billion divided into 10 billion Shares.
Warrants to purchase 20,300,000 shares of Pharming common stock have also been issued, subject to shareholder approval of an increase of the authorized share capital no later than at the AGM in 2012.
FEB has an authorized share capital of $2 billion and a paid up capital of $1 billion.

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