Bizblog term of the week:ISSUED SHARE CAPITAL

  Hello everyone,last week I posted a bizblog term on Authorised share capital..Read here in case you missed it.     

Today's term is Issued share capital;

         An issued share capital is the number of shares held by shareholders of a company,the shareholders pay an amount in relation to owning a share in the company.The value of the share owned is in respect to the share price of the company.

     For instance, if the number of shares you subscribed for is 200,000 shares and the current market share price stands at N3.50k.The value of that shares owned is N700,000(i.e You will be paying N700,000 to own 200,000shares of that company).

    A share is issued out of the authorised share capital of a company,simply put that the number of issued shares is a subset of the total authorized shares