issued shares
41directed shares — USA Usually issued in connection with a directed share program, these shares are shares of stock sold in an initial public offering directed to certain individuals, such as employees, officers, directors and other individuals (such as vendors,… …
42American Depositary Shares — (ADSs) Shares evidenced by American Depositary Receipts (ADRs). ADSs are issued by a depositary bank and represent one or more shares of a non US issuer held by the depositary bank. The main purpose of ADSs is to facilitate trading in shares of… …
43Outstanding Shares — Stock currently held by investors, including restricted shares owned by the company s officers and insiders, as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock. Also referred …
44authority to issue shares — the shares of a company, apart from those taken by the subscribers of the memorandum, are issued by the board of directors (subject to the condition that they may not issue shares beyond the amount fixed as the authorised capital of the company) …
45accumulating shares — Additional ordinary shares issued to holders of ordinary shares in a company, instead of a dividend. Accumulating shares are a way of replacing annual income with capital growth; they avoid income tax but not capital gains tax. Usually tax is… …
46accumulating shares — Additional ordinary shares issued to holders of ordinary shares in a company, instead of a dividend. Accumulating shares are a way of replacing annual income with capital growth; they avoid income tax but not capital gains tax. Usually tax is… …
47Freedom Shares — Original issue discount bonds issued by the U.S. Treasury from May of 1967 to October of 1970. Freedom shares had a final maturity of 30 years from their issue date and were originally offered in combination with Series E bonds to promote public… …
48second-tier shares — UK US noun [plural] (also second tier stock [C or U]) FINANCE, STOCK MARKET ► shares in smaller companies that are issued and traded on a particular stock market: »There has been a sharp growth of interest in second tier shares. »Investors are… …
49newly-issued — UK US adjective STOCK MARKET, FINANCE ► used to describe shares, bonds, etc. that have recently been made available to buy: »These newly issued bonds are very popular with our investors. »newly issued stock …
50Rules Governing Substantial Acquisitions of Shares — (SARs) The former rules issued by the Panel on Takeovers and Mergers (Panel) which were designed to restrict the speed with which a person could acquire shares (or rights over them) in a company that would give an aggregate holding of between 15% …
