Shares authorized
From Wikipedia, the free encyclopedia
Shares authorized is the maximum number of shares that a company can issue. This number is specified in the company's articles of association but can be changed by shareholder approval. A company usually authorizes a higher number of shares than required to be able to issue stock in the future.
[edit] Basic formulae
- Shares authorized = Shares issued + Shares unissued
- Shares issued = Shares outstanding + Treasury stock
[edit] See also
[edit] External links
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