NO PAR SHARES:
When the shares are having no face value, it is said to be no par shares. The company issues this kind of shares which is divided into a number of specific shares without any specific denomination. The value of shares can be measured by dividing the real net worth of the company with the total number of shares.
Value of no. per share = The real net worth/Total no.of shares
Sourced From: Financial Management By C. Paramasivan And T. Subramanian
When the shares are having no face value, it is said to be no par shares. The company issues this kind of shares which is divided into a number of specific shares without any specific denomination. The value of shares can be measured by dividing the real net worth of the company with the total number of shares.
[Post Image Courtesy of PisitPhoto at FreeDigitalPhotos.net]
Value of no. per share = The real net worth/Total no.of shares
Sourced From: Financial Management By C. Paramasivan And T. Subramanian
No Par Shares Definition And Meaning
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