authorized shares


Also found in: Dictionary, Legal, Financial, Acronyms, Encyclopedia, Wikipedia.
Related to authorized shares: authorized capital, Outstanding shares, Issued shares
  • noun

Synonyms for authorized shares

the maximum number of shares authorized under the terms of a corporation's articles of incorporation

References in periodicals archive ?
The request proposes increasing the number of authorized shares of common stock, no par value, by 17 million shares from 25 million to 42 million shares, during the Company's annual meeting of shareholders on May 7, 2010.
We believe it is in the best interest of our shareholders to decrease the number of authorized shares at this time," stated Jeffrey Burns, CEO of SportsQuest, Inc.
If the increase in authorized shares is approved by the shareholders, the record date for the 3-for-2 stock split is expected to be October 20, 2000, and Park's quarterly cash dividend will be increased from the current rate of 8 cents per share to the equivalent of 9 cents per share on a pre-split basis.
Share owners will vote on the increase in authorized shares at their April 26, 2000, meeting in Richmond, which will be held at the Landmark Theater.
RSHN) has increased its authorized shares this week by 6 Billion in order to complete its purchase of Garden Beverage as well as the upcoming joint venture investment in Amicalola Water Co.
Nasdaq: HGSI) announced today that at a Special Meeting of Stockholders, held today, its stockholders approved an increase in the number of authorized shares of Common Stock from 50,00,000 to 250,000,000 shares and an increase in the number of authorized shares of Preferred Stock from 1,000,000 to 20,000,000 shares.
The amendment to the company's second restated certificate of incorporation to increase the number of authorized shares of common stock from 125,000,000 to 225,000,000; and
The purpose of the special meeting is to seek stockholder approval to increase the number of its authorized shares of common stock.
NASDAQ:GROW) today announced that its shareholders have approved an increase in authorized shares that enables the company to effect the two-for-one stock split of the Company's outstanding shares of Class A Common Stock and Class C Common Stock announced on November 8, 2006.
The Company also announced that at the special meeting the stockholders approved an increase in amount of authorized shares of Common Stock from 2,500,000 to 10,000,000, on a post-split basis.
to remove certain provisions specific to its structure as a blank check company prior to the merger, and to increase the authorized shares of common stock to 200,000,000.
NYSE: WMB) stockholders approved an amendment to the company's restated certificate of incorporation to increase the number of authorized shares of common stock from 120 million to 240 million.
Full browser ?