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Nil paid shares |
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Nil paid sharesA company's newly issued shares which can normally be transferred on a renounceable document.Similar MatchesTreasury SharesTreasury SharesShares 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. Bearer stocks/sharesBearer stocks/sharesStocks or shares which do not record owner's names and for which the companies do not keep a register of ownership. Possession of the certificate is therefore the only proof of ownership. Identified sharesIdentified sharesStock or mutual fund whose purchase date and price may be identified for capital gains and tax purposes when shares sold. Alpha sharesAlpha sharesA 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. Equal shares swapEqual shares swapApplies mainly to convertible securities. Selling the underlying common and reinvesting the proceeds in as much of the convertible as can be converted into the number of shares of common just sold. See equal dollar swap. Further Suggestionsbeta sharescumulative preference shares partly paid shares Class A or Class B shares Ordinary shares windfall shares guilder shares (New York Shares) Shares Shares authorized permanent interest bearing shares Fully diluted earnings per shares Common shares recovery shares preference shares Paired shares American shares Capital shares Performance shares delta shares stepped preference shares penny shares redeemable preference shares gamma shares income shares Outstanding shares |
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