Wednesday, April 19, 2017 9:48:15 AM
All equity represents debt to the company until acquired back from the company. Share holders are the owners of the entity in question as well the debt and equity " liability " owed.
The outstanding shares is the paper or note that represents the equity debt that is a liability to the company and its owners.
Because the debt and equity is impartial to outside views the paper that represents the debt equity must be assigned a impartial par value.
Should that value be inproched apon by outside opinions the value is moved by the increasing of the authorized shares by vote of council.
This action increases the equity debt " share holder debt " that is off set by the treasury shares held.
Because the par value is written in stone in the constitution of the companies articles the par value can't be changed without a great cost and reissuing of new certs to investors along with the cancelling of the old ones.
On estimate they figure it's a 10% cost per share certificate. This is not the consolidation certificat issued on request that many investors like to hold as keep sakes much like a cheque that represents money owed.
Happy trading keep her alive and well. Don't give your position away on impartial incorrect views touted on this and other boards like it. Stay with your hired profestionals opinion.
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