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Re: Sprycel post# 72398

Saturday, 09/26/2015 4:42:25 PM

Saturday, September 26, 2015 4:42:25 PM

Post# of 129206
AND helps them avoid a liability to stockholders should the stock price take a turn for the worse.

You might be asking yourself why a company would issue shares with no par value. Corporations do this because it helps them avoid a liability to stockholders should the stock price take a turn for the worse. For example, if a stock was trading at $5 per share and the par value on the stock was $10, theoretically, the company would have a $5-per-share liability.


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