The stock of a corporation is partitioned into shares, the total of which are stated at the time of business formation. Additional shares may subsequently be authorized by the existing shareholders and issued by the company. In some jurisdictions, each share of stock has a certain declared par value, which is a nominal accounting value used to represent the equity on the balance sheet of the corporation. In other jurisdictions, however, shares of stock may be issued without associated par value.
Shares represent a fraction of ownership in a business. A business may declare different types (classes) of shares, each having distinctive ownership rules, privileges, or share values. Ownership of shares may be documented by issuance of a stock certificate. A stock certificate is a legal document that specifies the amount of shares owned by the shareholder, and other specifics of the shares, such as the par value, if any, or the class of the shares.
In the United Kingdom, Republic of Ireland, South Africa, and Australia, stock can also refer to completely different financial instruments such as government bonds or, less commonly, to all kinds of marketable securities.
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Other articles related to "shares, share":
... On Initial Public Offering (IPO) 3,250,000 shares were offered with an additional 487,500 shares offered to the underwriters to cover over-allotments ... The top 3 underwriters, based on number of shares, for Brocade's IPO were, in order, Morgan Stanley Dean Witter, BT Alex.Brown, Dain Rauscher Wessels ...
... In an IPO, secondary shares (in contrast to primary shares) refer to existing shares of common stock that are sold to investors in an offering (see Secondary Market Offering) ... The selling of these secondary shares may be from existing shareholders, or may be newly registered shares from the company ... In the case of newly registered shares, the offering is referred to as "dilutive" (to EPS) due to the increase in the number of outstanding shares ...
... They operated closed-end funds that sell two share classes in order to acquire capital for investment auction-rate preferred shares that hold first claim on the ... were hurt, due to a decline in net interest income and the increased discounting of their shares in the market following fears that Nuveen would be unable to refinance or reauction the preferred ... worse than preferred shareholders in terms of principal losses, they were able to sell their shares on the NYSE while preferred shareholders had no market in which to sell ...
... Fonds shares, which are eligible for the Registered Retirement Savings Plan (RRSP), can be purchased by any Québec taxpayer either through payroll deduction ... Anyone can purchase Fonds shares ... In its 28-year history, the Fonds has sold $10.8 billion in shares ...
... A is forced to buy 1,000 shares of XYZ for $75,000.00 and immediately sell them at $50,000.00 for a loss of $25,000.00 ... B buys 1,000 shares for $50,000.00 and paid the premium of $1,250.00 before ... These shares are now worth $75,000.00 on the open market ...
Famous quotes containing the word shares:
“When the wind carries a cry which is meaningful to human ears, it is simpler to believe the wind shares with us some part of the emotion of Being than that the mysteries of a hurricanes rising murmur reduce to no more than the random collision of insensate molecules.”
—Norman Mailer (b. 1923)
“If a dog doesnt put you first where are you both? In what relation? A dog needs God. It lives by your glances, your wishes. It even shares your humour. This happens about the fifth year. If it doesnt happen you are only keeping an animal.”
—Enid Bagnold (18891981)
“Anyone who knows a strange fact shares in its singularity.”
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