InvestorsHub Logo
icon url

Slojab

06/20/19 10:19 PM

#33370 RE: janum #33369

That's one possibility. Interesting part in bold.

Par value. A company can change the par value of its shares or adjust the amount in the share premium reserve, but it is not able to do so as and when the directors and shareholders wish. These changes require permission from a court and are usually associated with large returns of capital, share splits or consolidations