shares that have been authorized but have not been issued. Assume authorized shares of 500,000 and issued shares of 200,000. The unissued shares are 300,000.
shares of a corporation's stock authorized in its charter but not issued. They are shown on the balance sheet along with shares issued and outstanding. Unissued shares cannot pay dividends and cannot be voted. They are not to be confused with treasury stock, which is issued but not outstanding.
shares of a corporation's stock authorized in its charter but not issued. They are shown on the balance sheet along with shares issued and outstanding. Unissued stock may be issued by action of the board of directors, although shares needed for unexercised employee stock options, rights, warrants, or convertible securities must not be issued while such obligations are outstanding. Unissued shares cannot pay dividends and cannot be voted. They are not to be confused with treasury stock, which is issued but not outstanding.
