Exchange Currency

issue of shares at premium

A term used when a company issues shares of its stock at price above its par value. The excess cash, or premium received by the company is place in a shared premium account and can be used to pay up unissued shares for distribution as bonus shares; to pay a premium on the redemption of preferred stock ; writing down company expenses or expenses incurred in the issuance of the shares.

Related information about issue of shares at premium:
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    Issue of share at premium mean when the share are issue at more than the price of the face value of the share, then it is said to be issue of share at premium.
     
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    Definition of issue of shares at premium: A term used when a company issues shares of its stock at price above its par value. The excess cash, or premium ...
     
  4. Issue of Shares - Scribd
    Apr 6, 2008 ... Issue of shares at premium: When shares are issued at an amount more than the face value of share, they are said to be issued at premium.
     
  5. ISSUE OF SHARES
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  7. Cap 32 s 48B Application of premiums received on issue of shares ...
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    Aug 29, 2012 ... ISSUE OF SHARES AT PREMIUMShares are issued At premium to the public bywell managed and financially strong companiesthrough the ...