Articles on: Glossary

Authorised Shares

Authorised shares are the total number of shares a company “owns” and is allowed to “sell.” The Memorandum of Incorporation of a company must set out the classes of shares and the number of each class that a company is authorised to issue. The company’s board of directors may increase or decrease the authorised share capital as the company grows.

Updated on: 26/04/2023

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