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The_Free_Nebula

11/01/05 5:17 PM

#2392 RE: Zorro #2390

Even if he reduced the o/s that a/s would not change...
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Ubertino

11/01/05 8:34 PM

#2408 RE: Zorro #2390

How do you arrive at that conclusion?

'Betrayed'?

How so?

The outstanding was reduced!

Authorized is the term for unissued but available to be issued treasury shares. These are used to expand and grow. All companies do this - it's commonplace in the affairs of a company.