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'''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.

==Basic formulae==
*Shares authorized = [[Issued shares|Shares issued]] + Shares unissued
*Shares issued = [[Shares outstanding]] + [[Treasury stock]]

==See also==
*[[Public float]]

==External links==
*[http://www.investorwords.com/4532/shares_authorized.html Investorwords.com]
*[http://www.investopedia.com/terms/a/authorizedstock.asp Investopedia.com]

{{stock market}}

[[Category:Finance]]
[[Category:Equity securities]]

{{accounting-stub}}

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Directory:Library Eclectica/Shares authorized (view source)

Revision as of 05:22, 22 April 2009