Issued Shares

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Definition of "Issued Shares"

Issued shares are authorized shares that have actually been issued or sold to shareholders. Un-issued shares do not represent an equity holding in the corporation. A shareholder's equity will be determined based on the total number of issued shares and will not include the remaining authorized but un-issued shares. Note also that a corporation may own or purchase its own shares but that this is different from un-issued shares.

"Issued Shares" is referred to in the following legal documents:

Articles of Incorporation

Shareholder Agreement

See also:

Share

Shareholder