InvestorsHub Logo
Followers 325
Posts 33014
Boards Moderated 7
Alias Born 04/28/2009

Re: wallstreet1231 post# 27076

Friday, 12/19/2014 12:23:19 PM

Friday, December 19, 2014 12:23:19 PM

Post# of 36237
Rich, you are incorrect. Please do basic research before you post here. You run the risk of misleading.

Oh really?!? Do some basic research?

Does a Stock Split Impact Authorized Shares?

Capital Structure

When a company incorporates it authorizes a certain number of common stock shares and has the option to authorize a certain number of preferred stock shares. The company issues stock out of the authorized shares by vote of the board of directors. Some of this stock goes to founders, employees and board members. The rest of the issued stock remains in the company treasury until sold to investors, thereby providing capital to fund company needs. Whether a company is private or public, the number of authorized shares cannot change without amendments to the company's articles of incorporation or charter.


http://wiki.fool.com/Does_a_Stock_Split_Impact_Authorized_Shares%3F

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.