authorized shares

(redirected from authorized capital stock)
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  • 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 ?
Macalino, the BSP and SEC have given go ahead to the lender s amended Articles of Incorporation increasing the authorized capital stock from P6.
PNB, before getting approval, had an authorized capital stock of P50 billion comprising 1.
The Company's authorized capital stock will change from 150,000,000 shares of common stock and 60,000,000 shares of preferred stock to 50,000,000 shares of common stock and 30,000,000 shares of preferred stock.
The stockholder also approved the reelection of Porta Systems' current board of directors, the adoption of a long-term incentive plan, the selection of BDO Seidman, LLP as Porta Systems' independent registered accounting firm for the year ending December 31, 2009 and a reduction of the authorized capital stock.
In a press statement on 29 January 2014 , ALI disclosed its assignment to CPVDC and CHI of the right to subscribe to 10% and 5%, of the authorized capital stock of the joint venture company (JVC).
The reverse split and change in authorized capital stock will be submitted to the Company's stockholders at a special meeting of stockholders, which it expects to be held in February 2012.
Parseghian as Class I Directors to serve for three year terms, ratified the selection of Deloitte & Touche LLP as PHH's independent registered public accounting firm for the fiscal year ending December 31, 2009, approved the PHH Corporation Amended and Restated 2005 Equity and Incentive Plan, and approved the amendment of PHH's Articles of Amendment and Restatement (as amended) to increase the Company's number of shares of authorized capital stock from 110,000,000 shares to 275,000,000 shares and the authorized number of shares of common stock from 108,910,000 shares to 273,910,000 shares.
received today the approval of the Bangko Sentral ng Pilipinas on the amendment of SBC s articles of incorporation on the increase in authorized capital stock from P6 billion to P10 billion, divided into one billion common shares with a par value of P10 each.
As a result of the additional issue of shares the authorized capital stock get 45% higher, shares will be placed among the current holders aPromsvyaz Capital B.
increased its authorized capital stock, and made other amendments to its Articles of Incorporation.
Closing of the transaction is subject to customary conditions, including Skinny Nutritional's receipt of stockholder approval to increase its authorized capital stock, which will enable the warrant to be exercisable.
During the company s shareholders meeting on last Friday, they have cleared the proposal to increase the company s authorized capital stock from P1 billion to P3 billion, according to the disclosure.
The nearest plans of MCB(B1/B+/B+) involve increase of the authorized capital stock by 17.
The special meeting has been postponed to permit the Company to amend the proposal to increase the Company's authorized capital stock to be considered at the special meeting (the "Capitalization Proposal").
As part of the redomestication, the Articles of Incorporation of BMTS Holdings effectively increased the authorized capital stock of the Company to consist of 100,000,00 shares of Common Stock, $.
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