Sentences with phrase «authorized shares»

When a company wants to sell more shares, this is called an increase of authorized share capital.
When a board of directors authorizes a share repurchase program, it typically states either the number of shares the company is interested in buying back or a dollar amount it will spend on its stock buyback.
@Ivella You may have the opinion that the increase of authorized share capital is a bad idea, and you can vote the way you think is best.
When a board of directors authorizes a share repurchase program, it typically states either the number of shares the company is interested in buying back or a dollar amount it will spend on its stock buyback.
The financial giant also said it has authorized share buybacks of up to $ 19.4 billion between July 1 and June 30 next year.
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[04:12:01] GREGG WARREN: When Berkshire authorized the share repurchase program, originally ended up buying back shares at prices no higher than 10 percent premium to the firm's most recent book value per share.
This calculator requires you to also input your name and contact details because most of our 200 + installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area.
Was going to do 1MM authorized shares,.0001 par value with 8MM issued — with everything else by legal zoom standards.
In total, approx. 30 million shares have been distributed out of treasury shares and as new shares from a share capital increase (authorized share capital).
In February 2009, our Board of Directors authorized a share repurchase program of up to $ 40 million of our common stock.
In addition, the number of authorized shares of common stock may be increased by a vote of the majority of the outstanding stock of the corporation if the Certificate of Incorporation allows.
As a corporation, KKR plans to pay an annualized dividend of 50 cents per common share and increase its authorized share repurchase amount to $ 500 million.
Netflix telegraphed the move earlier this year, asking investors to boost the number of authorized shares to about 5 billion from 170 million.
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In addition, the company announced that its Board of Directors has authorized a share repurchase program under which the company may repurchase up to 3,500,000 shares of its outstanding common stock.
A corporation's articles or certificate of incorporation must describe its authorized shares at the time of incorporation.
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Richard C. Stockinger, President and Chief Executive Officer, said, «The increase in the authorized shares was one step in a series of actions being taken to ensure that the Company had the flexibility and capability to take advantage of opportunities and or to respond to rapidly changing economic conditions and credit markets.
The authorized share capital is the amount of shares that a company has already planned on selling.
That part of authorized shares that have been sold by the corporation and held by the shareholders of the company.
This fee is based on the number of authorized shares.
Designation of each class of shares, and a statement of the rights and limitations of the shares, if you have more than one class or series of authorized shares.
You may also include other information in your Articles, such as the par value of authorized shares or limits on the powers of directors and shareholders.
The company has a authorized share capital of Rs. 110 crores.
Name and address of each incorporator, for a corporation, as well as the number of authorized shares.
Larger companies can be slow to authorize sharing of financial data, Salmon says, while smaller ones are often private and may provide information that is less trustworthy.
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