Series 79: Value At Issuance

Taken from our Series 79 Top-off Online Guide

Value at Issuance

When a company issues stock, it assigns each share a par value, which is the nominal or book value used purely for accounting purposes. A par value of $1 per share is typical. The par value of a stock has no relationship to the stock’s actual market value. The total par value of outstanding shares is usually reflected as a line item in a company’s balance sheet.

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