authorized shares

(redirected from authorized capital stock)
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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 ?
The measure said the authorized capital stock of each corporation shall be P30 billion, while 20 percent, or P6 billion, shall be initially paid up and the balance shall be paid from a continuing annual appropriation of not less than P2 billion.
In 2016, POPI raised its authorized capital stock to P7.
8 million common shares equivalent to the remaining unissued shares from the bank's authorized capital stock.
a reduction in the authorized capital stock by changing the par value of shares from P0.
Purisima, the rise in Land Banks authorized capital stock from P25 billion to P200 billion.
SMARTRAC intends to finance the transaction by the company's existing syndicated credit facility or a capital increase by issuing new shares within the authorized capital stock.
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.
Under this law, an insurer applying for a license must have 2 million rubles -- approximately $2,000 -- authorized capital stock, and a reinsurer 15 million rubles, or approximately $15,000.
The Federal Reserve Bank of Atlanta received an application from NBG International Bank in 1987 to increase the authorized capital stock in the Agreement Corporation.
The cost depends on variable amounts that will depend on a business' authorized capital stock, paid-up capital, the assessed value of the company's property and the local government where the business is being set up.
This is equivalent to the remaining unissued shares from the bank's authorized capital stock, and worth P80.

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