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DaReal

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DaReal

Re: Kgs68 post# 6636

Wednesday, 08/30/2017 7:45:36 AM

Wednesday, August 30, 2017 7:45:36 AM

Post# of 63528
A lot has changed! The O/S is now exceeding the A/S

Isn't that against the Law? just asking...

“Authorized shares” refers to the number of shares the corporation is allowed to issue under its certificate or articles of incorporation. “Issued and outstanding shares” refers to the number of shares that have been issued and are outstanding at a given time.
This number cannot be greater than the number of authorized shares.



http://www.investopedia.com/ask/answers/011315/what-difference-between-authorized-shares-and-outstanding-shares.asp
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