Maine Amendment of common stock par value

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Multi-State
Control #:
US-CC-3-215A
Format:
Word; 
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This sample form, a detailed Amendment of Common Stock Par Value document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Stock split A stock's par value is its stated value, not its actual value. When a stock sells, it will be issued at its actual value and not the stated par value. The most common reason for a change in par value is a stock split. During a split, the total par value will actually remain unchanged. Change in Par Value | UpCounsel 2023 UpCounsel ? change-in-par-value UpCounsel ? change-in-par-value

A reverse split raises your stock's par value and reduces the number of shares at the same time. The reverse split doesn't change the value of the retained earnings, paid-in capital or cash accounts. When the reverse split is completed, the total value of your stock is unchanged. How to Increase the Par Value of a Stock Small Business - Chron.com ? ... ? Stocks Small Business - Chron.com ? ... ? Stocks

Par value is the value of a single common share as set by a corporation's charter. It is not typically related to the actual value of the shares. In fact it is often lower. Any stock certificate issued for shares purchased shows the par value.

If you already have par value and you want to raise or lower it, things are a bit more complicated. Typically, you can't just make an amendment saying you now have a new par value. Instead, the most common way that corporations change their par value is with a stock split (or reverse stock split).

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Maine Amendment of common stock par value