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Issue of shares

Jurisdiction: California
  1. #1
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    Issue of shares

    I would like to have some information on how to lower nominal value of shares to increase? the total number of shares?


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    Quote Originally Posted by mouaden View Post
    I would like to have some information on how to lower nominal value of shares to increase? the total number of shares?
    What does this mean? You want to lower the "par" value? That is set by the company. To change the number of shares outstanding and other adjustments you would need to look at the corporation's bylaws and see what may be required.
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    A rights issues is a common way for a company to raise fresh capital , it issues new shares, offering them first to existing shareholders. All shares will rank equally..

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    From my understanding, the number and value of a company's shares are not determined by shareholders.
    Are you an insider of the company or a person who is looking to buy stock of that company?
    Last edited by sunnymoon; 11-04-2011 at 04:17 PM.

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    It's not decided bu the shareholders ,its actually decided by the managing committee..

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