The phrase "as additional shares" is correct and usable in written English.
It can be used in contexts related to finance, investments, or stock markets when discussing the issuance or allocation of extra shares of stock.
Example: "The company decided to issue new equity as additional shares to raise capital for expansion."
Alternatives: "as extra shares" or "as supplementary shares".
The Maryland plan distributes rebates directly to investors as additional shares of the rebated funds.
As additional shares covered by options programs are added to the whole, existing shareholders' stakes are worth less.
Samsung Group is also transferring its own stakes in the two units, as well as additional shares in Samsung Thales and Samsung Total Petrochemicals, to Hanhwa Corp. Together, the sales will raise a total of 1.9 trillion won ($1.72 billion) for Samsung Group and is expected to close next June.
Broadcom may issue as many as nine million additional shares if the company meets certain performance goals.
Arris, based in Duluth, Ga., also may pay as many as two million additional shares based on future sales of modem equipment made by Cadant.
Under the program, for each new share purchased, the buyer receives a warrant — an option to buy as many as seven additional shares at a fixed price.
Armor Holdings also said it and some directors and officers will sell as many as 4 million common shares under a shelf registration statement; the company and selling shareholders propose to grant underwriters an option to purchase from them as many as 600,000 additional shares.
"I personally purchased more shares in August, as did multiple members of our board, prior to the closure of our trading window," Hininger said, noting that he personally owns more than 200,000 shares, as well as some 500,000 additional shares received as part of his compensation.
He may also receive as many as 1.25 million additional shares, depending mainly on implementation of the riverboat casino.
The underwriters, led by Bank of America-Merrill Lynch, Goldman Sachs, Credit Suisse, Barclays Capital and Deutsche Bank, also have the option to buy as many as 3.55 million additional shares in the offering.
But since the company's announcement three days later that it plans to sell as many as 2.3 million additional shares, mostly from a top executive and franchisees, the stock has dropped nearly 15percentto to $67.31.
