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The term "issued shares" refers to the number of authorized shares that have actually been issued to individuals or corporate owners of the company including founders, managers, insiders and investors. Stock in private companies is valued differently than stock in public companies.
Authorized Stock: the number of shares that a corporation's charter allows it to sell.
Authorized stock, or authorized shares, refers to the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation in the U.S., or in the company's charter in other parts of the world.
How many shares can a company have? The minimum number of shares that a company can issue is one ? this could be the case when there is only one owner of the entire company. However, there is no universal maximum for how many shares a company will issue, so this can vary from company to company.
Common shares represent residual ownership in a company and in the event of liquidation or dividend payments, common shares can only receive payments after preferred shareholders have been paid first.
Authorized shares are the shares set forth in the company's charter ? it is the total amount of shares the company is allowed to issue. Issued and outstanding shares are the total number of shares that are already in the hands of founders, investors, and employees/advisors/contractors.