Shares authorized


Shares authorized

Shares authorized is the maximum number of shares that a company can issue. This number is specified in the company's articles of association but can be changed by shareholder approval. A company usually authorizes a higher number of shares than required to be able to issue stock in the future.

Basic formulae

*Shares authorized = Shares issued + Shares unissued
*Shares issued = Shares outstanding + Treasury stock

ee also

*Public float

External links

* [http://www.investorwords.com/4532/shares_authorized.html Investorwords.com]
* [http://www.investopedia.com/terms/a/authorizedstock.asp Investopedia.com]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • shares authorized — The maximum number of shares of stock of a company allowed in the articles of incorporation, which may be changed only by a shareholder vote. Bloomberg Financial Dictionary See: issued and outstanding. Bloomberg Financial Dictionary See also:… …   Financial and business terms

  • Shares outstanding — are common shares that have been authorized, issued, and purchased by investors. They have voting rights and represent ownership in the corporation by the person or institution that holds the shares. They should be distinguished from treasury… …   Wikipedia

  • authorized shares — Number of shares authorized for issuance by a firm s corporate charter. Bloomberg Financial Dictionary See also: shares authorized * * * authorized shares authorized shares ➔ Share * * * authorized shares UK US noun [plural] ► FINANCE …   Financial and business terms

  • Authorized shares — Number of shares authorized for issuance by a firm s corporate charter. The New York Times Financial Glossary * * * authorized shares authorized shares ➔ Share * * * authorized shares UK US noun [plural] ► FINANCE AUTHORIZED SHARE CAPITAL( …   Financial and business terms

  • authorized shares — noun the maximum number of shares authorized under the terms of a corporation s articles of incorporation • Syn: ↑authorized stock, ↑capital stock • Hypernyms: ↑stock …   Useful english dictionary

  • authorized stock — noun the maximum number of shares authorized under the terms of a corporation s articles of incorporation • Syn: ↑authorized shares, ↑capital stock • Hypernyms: ↑stock …   Useful english dictionary

  • authorized shares — USA authorized capital, Also known as authorized shares or authorized capital stock. The maximum number of shares of capital stock that a corporation may legally issue. A corporation s authorized capital is stated in its certificate of… …   Law dictionary

  • authorized capital — USA authorized capital, Also known as authorized shares or authorized capital stock. The maximum number of shares of capital stock that a corporation may legally issue. A corporation s authorized capital is stated in its certificate of… …   Law dictionary

  • authorized capital stock — USA authorized capital, Also known as authorized shares or authorized capital stock. The maximum number of shares of capital stock that a corporation may legally issue. A corporation s authorized capital is stated in its certificate of… …   Law dictionary

  • authorized share capital — UK US noun [U] (also authorized capital, also UK authorised capital, also authorized shares, also authorized stock) FINANCE ► the largest number of shares that a company can offer for sale at a particular time: »Shareholders approved an increase… …   Financial and business terms


We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.