Suppose That a Company Sells 10000 Shares of Stock on the NASDAQ ISEE Stock Exchange
Suppose that a company sells 10000 shares of stock on the NASDAQ ISEE stock exchange and all the shares have a par value of 001. If the stock price is at a 1% premium over the price at which it was sold, then the net proceeds to the company will be a net loss of ten thousand dollars.
Stuart Manufacturing Company begins the year with 10000 shares of common stock and issued 5000 more on April 1
During the fiscal year 2003, Stuart Manufacturing Company, headquartered in Crystal Lake, Iowa, had 16,925,614 shares of Common Stock outstanding. At the end of fiscal 2003, the Company had repurchased 1,450,000 shares of Common Stock from Hanson Capital Partners, LLC. The Company plans to use the cash on hand, plus accrued interest at two percent per annum on the outstanding balance, to pay the purchase price.
The Company has a long-term incentive plan that provides for cash compensation based on long-term performance results. The plan allows the Company to attract and retain officers. It is also intended to promote the profitability and long-term growth of the Company. The Plan is approved by the Board of Directors, which is responsible for setting its terms. The Plan also provides for annual incentive awards for Company officers.
DMG Company sells 5 million shares of common stock with a par value of 001 for 10
DG FastChannel, Inc., a leading advertising company, announces its plan to sell five million shares of its common stock, with a par value of 001 for ten thousand shares. This action is part of the company’s effort to increase the market capitalization of its stock. The Company intends to invest a substantial amount of its funds in product development and marketing. It will also invest in its operating infrastructure and technology to facilitate expansion and growth.
The Company’s common stock has been traded on the Nasdaq Global Market since February 6, 1996. The company was acquired by Chancellor Media Corporation in 1997. The company has also been subject to various legal claims and proceedings. However, the outcome of such matters cannot be predicted with certainty. The Company’s operating results may be short of analyst expectations. However, the company is expected to increase the sales volume to realize economies of scale. It also expects to invest heavily in product development and marketing to expand its brand and offer its customers a superior shopping experience.
