authorized stock

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Related to authorized stock: unissued capital stock
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Noun1.authorized stock - 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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
This newly authorized stock repurchase program replaces in its entirety the $1 billion stock repurchase program that was approved by the Board of Directors on January 31, 2018, and had approximately $129 million of repurchase authority remaining.
15, the organization issued a press release stating that its board of directors "has approved a $15.0 billion increase in [Intel's] authorized stock repurchase program."
We expect, as market conditions permit, to complete the buy-back of the remaining shares under the authorized stock repurchase program by year end."
The authorized stock buy-back plan, commencing February 1, 2016 and ending August 1, 2016, allows up to three percent or 68,567 of the outstanding common shares to be repurchased in the over-the-counter market.
"There are no questions on the capital, three positions have been agreed upon: authorized stock of $100 billion, dedicated capital [from member-states] of $50 billion, and paid-up capital [which the countries are obliged to deposit within seven years] of $10 billion," Siluanov said, adding that the paid-up capital may be increased to $40 billion upon request.
TELECOMWORLDWIRE-March 11, 2013-RELM Wireless authorized stock buyback program(C)1994-2013 M2 COMMUNICATIONS

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