Sentence examples for have no par value from inspiring English sources

When the shares have no par value the directors then have the flexibility to set the price each time that they issue shares of stock.

PAIGE PLAN IS APPROVED Company Authorizes 1,000,000 Shares of No Par Value to Take Place of $10 Stock.

"There is no par value" in a fund, Mr. Greenwald observed.

The bonds have a par value of $100.

While the currencies of the Communist countries have official par values, these bear no particular relationship to their purchasing power or to the prices at which goods are exchanged.

Nominal Treasuries have a stated par value – the price redeemed at maturity – and a set coupon rate that pay semi-annual interest payments over the life of the bond.

One of the hardest-hit areas is preferreds not preferred stocks but bond issues packaged as interest-paying and exchange-traded preferred securities that usually have a $25 par value.

The Corporation is authorized to issue nonvoting preferred stock having such par value as may be fixed by the Board from time to time.

The Corporation is authorized to issue nonvoting common stock having such par value as may be fixed by the Board from time to time.

The Corporation shall issue voting common stock having such par value as may be fixed by the Board from time to time.

L. 102 550, § 516(a)(1), in fifth sentence, substituted "issue to the mortgagee debentures having a par value" for ", subject to the cash adjustment hereinafter provided, issue to the mortgagee debentures having a total face value".