Delta shares


 

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Delta shares

A term previously given to the shares of smaller companies least traded on the London Stock Exchange, along with alpha, beta and gamma shares. These terms were replaced by the normal market size classification in January 1991.



Similar Matches

Paired shares

Paired shares

Stock of two companies under the same management that are sold as one unit with one certificate.


Alpha shares

Alpha shares

A term previously given to the most actively traded shares on the London Stock Exchange along with beta, gamma and delta shares. This classification was replaced by the normal market size classification in January 1991.


Ordinary shares

Ordinary shares

Companies are incorporated with an authorised share capital - for instance 1,000 ordinary £1 shares. They do not have to issue all the authorised shares, but can issue as many as they like up to the authorised number.Once issued the shares can be traded either privately or on an exchange if the company has listed them. The price at which they trade will have nothing to do with the par value, but will be determined by market forces. Broadly speaking, if there are more willing buyers than sellers, the price will rise; if there are more sellers than buyers, it will fall.Shares usually come with a right to vote at the company's Annual General Meeting, and an entitlement to a share of dividends declared. They are, however, unsecured. This means that shareholders are last in the queue if a company goes bust and has to sell off its assets. If the amount realised is enough to pay off all creditors, the shareholders may salvage something. If it isn't, the shares will be worthless.


Shares authorized

Shares authorized

The maximum number of shares of stock of a company allowed in the articles of incorporation, which may be changed only by a shareholder vote. See: Issued and outstanding.


Treasury Shares

Treasury Shares

Shares issued in the name of the Corporation. The shares are considered issued, but not outstanding.Usually refers to stock that was once traded in the market but has since been repurchased by the corporation. Treasury stock not considered when calculating dividends or earnings per share.


Further Suggestions

Outstanding shares
participating preference shares
cumulative preference shares
Equal shares swap
Identified shares
redeemable preference shares
windfall shares
American shares
Common shares
permanent interest bearing shares
Performance shares
Shares
preference shares
income shares
bearer stocks/shares
Class A or Class B shares
beta shares
Ordinary shares
Capital shares
Fully diluted earnings per shares
stepped preference shares
recovery shares
gamma shares
capital shares
guilder shares (New York Shares)


 
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