Stock Issue (Noun)
Meaning
(corporation law) the authorization and delivery of shares of stock for sale to the public or the shares thus offered at a particular time.
Classification
Nouns denoting acts or actions.
Examples
- The company's initial public offering was a highly anticipated stock issue that was expected to raise millions of dollars in capital.
- The board of directors voted to approve the stock issue, which would increase the total number of outstanding shares by 20%.
- The stock issue was led by a consortium of underwriters who would purchase the shares from the company and then sell them to the public.
- The prospectus for the stock issue was filed with the Securities and Exchange Commission, outlining the terms and risks of the offering.
- The company's largest stock issue to date was a $1 billion offering that was completed in 2018.