authorized shares

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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 ?
83 million common shares which is equivalent to the remaining unissued shares from the Bank's authorized capital stock.
The preferred shares will come from the unissued portion of the company's authorized capital stock and up to 20 million detachable warrants to be issued free of charge with 20 million underlying common shares.
It likewise revealed that both the firms have inked a shareholders deal in which Meralco will have an equity stake equivalent to fifty percent minus one share (50%-1 share) of the authorized capital stock of the joint venture firm.
Eurosibenergo sold Irkutskenergo 51% of authorized capital stock of Avtozavodskaya TPP for 1.
Shareholders did not approve a proposal to amend the Corporation's Restated Articles of Incorporation to eliminate the provision that requires the affirmative vote of the holders of a majority of shares entitled to vote in order to increase or decrease the amount of authorized capital stock of any class or classes.
Thirty 30 days after the execution of the agreement the partners will form a JV company with a total authorized capital stock of P275 million.
Aside from the valuation for the share swap with Zuma, the SEC also approved the decrease in PAL Holdings' authorized capital stock to P13.
In consideration for the assignment, EPI shall, subject to the approval by the Securities and Exchange Commission of an increase in EPI's Authorized Capital Stock, 1.
24 billion additional common shares of Pure Foods, to be taken out of new shares from a planned increase in authorized capital stock and stock split.
Similarly, Seacem will beef up its authorized capital stock to P12.
Change in the company's regulation on increase of the authorized capital stock by the results of an additional emission should be introduced not later than in May 2013.
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.
HB increased the authorized capital stock of PCIC from P2 billion to P10 billion, as well as the penalties slapped on individuals who would make spurious crop insurance claims.
was cleared to infuse fresh capital after its board approved a P98-million increase in its authorized capital stock.
Once these are approved by the Securities and Exchange Commission, SMPFC will seek to increase its authorized capital stock to P12 billion from P2.
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