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authorized capital

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authorized capital

The total amount of money that a company is allowed to raise through the issue of shares as stated in its memorandum of association. The authorized capital may differ from issued capital if the company has not issued all the shares that it is legally authorized to issue. It can then issue new shares when it wishes to expand the business.



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As a result, the authorized capital has decreased from 100 million to 5 million shares of common stock with a par value of $0.
BRIEFCASE GUESS? REPORTS NOVEMBER LOSS by Daily News (Los Angeles, CA)
As a result, the Company's authorized capital has increased from 100,000,000 shares of common stock with a par value of $0.
Southridge Enterprises Announces New Symbol and Forward Stock Spit by Business Wire
Once effective, the Company's authorized capital will increase from 100,000,000 shares of common stock with a par value of $0.
Southridge Enterprises Inc. Forward Stock Split by Business Wire
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