Shares authorized

From Wikipedia, the free encyclopedia

Shares authorized is the maximum number of shares that a company can issue. This number is specified in the company's articles of association but can be changed by shareholder approval. A company usually authorizes a higher number of shares than required to be able to issue stock in the future.

[edit] Basic formulae

Shares authorized = Shares issued + Shares unissued
Shares issued = [Shares authorized] - Treasury stock

[edit] See Also

• Public float

[edit] External links

• Investorwords.com
• Investopedia.com