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Is powergen plc still trading and how can you find out if you have shares in the company?
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Can a company issue free shares?
Yes it is possible and is called a bonus issue, the company must still fund the issue of the shares out of distributable reserves. Check for treatment on a bonus issue to ensure you use the correct treatment!
Are stocks sold in 1926 still worth anything?
This is a more complex question than you think. The short answer is, if the company's still in business and hasn't bought back the shares, the stocks are still good. Where it gets complex is in stock splits and reverse stock splits. For today's example we will say you have a stock certificate for 100 shares of Acme that was issued the first trading day of 1926. The person who bought the shares for $10 per share never sold them and told his descendants never to sell them. On the first trading day of 1928, Acme stock has risen to the price of $40, and it's worrying the directors. They execute a 4 for 1 stock split. Now there are four times as many shares outstanding and each is worth $10. Right now, you own 400 shares of Acme stock. You still have the certificate for 100 shares, but someone in the Acme company has recorded against your ledger that you really own 400 shares. Five years later, Acme is $25 per share. They execute a 5 for 2 stock split--each share becomes 2.5 shares that cost $10 each. Now you have 1000 shares. Ten years later, they do a 3 for 2 split, giving you 1500 shares, followed by some more splits that end you up with 20,000 shares of Acme. They've got all this written down. If you go to Acme's office and tell them you want to know how many shares you really own, they can tell you.
How do you cash in shares or capital stock for Hathaway Metal Mines Limited purchased in 1965?
First, find out if the mining company is still in business. Then call a stockbroker.
Can you deduct the loss to your mutual fund on your income taxes?
Not unless you sold (redeemed) the fund shares. If you are still hanging onto the shares, then there is no loss to report. When you sell the shares, you report the sale on Schedule D. It is too late to report a 2008 loss unless you sold the shares in 2008.
What is the difference between Bonus Issue and stock split?
Often, we see company announcements for a bonus issue or a stock split. They look the same, especially to small investors, who do not understand the nitty gritty of finance. Both, the bonus issue and stock split increases the number of shares held by the investors. Although they appear to be same, there is a fundamental difference between the two.Bonus issueWhen a company management decides to issue bonus shares, it results in the increase of the company's share capital. This increase in share capital is funded by the company's Reserves and Surplus (retained earnings in the balance sheet). For example, suppose a company issued one lakh equity shares of face value of Rs 10, the company's share capital is Rs 10 lakhs. Now, if the company wants to give a one-for-one bonus (1:1) to its shareholders, it has to generate another one lakh shares and transfer Rs 10 lakhs from its reserves and surplus account to share capital account.Thus, the bonus is like 100 percent dividends as far as the company's reserve and surplus is concerned. A bonus issue permanently increases the share capital of the company, and hence, implies that the company has to service the enlarged equity capital in line with future market expectations. Bonus is treated as a company reward to the existing equity investors of the company. A bonus issue reflects the management's confidence in the future and gives a very strong signal in the market.Stock splitThe concept of stock split came into the limelight a few years ago when electronic holdings of stocks started in the demat format. Historically, the face value of shares used to be Rs 10 (usually) or Rs 100 (for some stocks). The prime reason was to maintain uniformity and avoid confusion and manual errors. With the adoption of the demat system, it became much easier to have and trade shares with multiple face value denominations. However, as per the regulations, the face value should be in multiples of Re 1.Usually, a company's management thinks of stock split when they want to increase the liquidity of shares in the market. When the market price of shares goes up quite a bit, it is difficult for the investors to buy even small quantity of shares in the market. The company may decide to split the share's face value to increase the liquidity of shares, and hence a drop in price. When a share is split, say, from Rs 10 face value to Re 1 face value, there would be no impact on the company's share capital. The company's share capital and reserves remain unchanged.However, the total number of shares increases. For example, if a company issued one lakh shares of face value of Rs 10 each, the company's share capital is Rs 10 lakhs. Now, if the company split the face value to Re 1 per share, the total number of shares will be multiplied by 10 (that is, 10 lakh shares) but the paid up capital will still remain Rs 10 lakhs.
Are powergen shares still valid?
Do Shares of Kennesaw Life and Accident Insurance Company Atlanta Georgia purchased in 1966 still have value?
Do powergen shares still exist?
Extremely unlikely that December 1998 Powergen shares have any value now. I contacted registrar's at Computershare on 08707020000, and was informed that Eon purchased them for cash in July 2002. They gave me the figure that was received by the then holder.
Is the Hudson Bay Fur Trading Company Still Here?
The Hudson Bay fur Trading company still around
How do you calculate the Earnings per share using the number of shares authorized by company along with the number of shares still held by company?
yes i could
Can you still buy moorhouses jam?
The company ceased trading in 1971
This Company was a British fur-trading company?
The Hudson Bay Company, and it still lives to date but in a different name under "The Bay".
Can a company issue free shares?
Yes it is possible and is called a bonus issue, the company must still fund the issue of the shares out of distributable reserves. Check for treatment on a bonus issue to ensure you use the correct treatment!
Are stocks sold in 1926 still worth anything?
This is a more complex question than you think. The short answer is, if the company's still in business and hasn't bought back the shares, the stocks are still good. Where it gets complex is in stock splits and reverse stock splits. For today's example we will say you have a stock certificate for 100 shares of Acme that was issued the first trading day of 1926. The person who bought the shares for $10 per share never sold them and told his descendants never to sell them. On the first trading day of 1928, Acme stock has risen to the price of $40, and it's worrying the directors. They execute a 4 for 1 stock split. Now there are four times as many shares outstanding and each is worth $10. Right now, you own 400 shares of Acme stock. You still have the certificate for 100 shares, but someone in the Acme company has recorded against your ledger that you really own 400 shares. Five years later, Acme is $25 per share. They execute a 5 for 2 stock split--each share becomes 2.5 shares that cost $10 each. Now you have 1000 shares. Ten years later, they do a 3 for 2 split, giving you 1500 shares, followed by some more splits that end you up with 20,000 shares of Acme. They've got all this written down. If you go to Acme's office and tell them you want to know how many shares you really own, they can tell you.
What is the meaning of single share?
If a company is made up of 100 shares, and that company is worth £100, then one share will be worth £1. If you own 1 share then you own 1% of said company. If the companies value increases to £150 then you will still own 1% of the company, and the value of your share will increase to £1.50. This assumes that the company does not "issue" any additional shares. If we go back to the first instance when the company is worth £100 with 100 shares and you own one share, if the company issues another 100 shares, then your 1 share will now be worth £0.50.
What is the NWC?
The National Wheat Council (NWC) was formed in 1965 to coordinate the activities and interests of the wheat complex as a whole. It was also a fur-trading company by the name of the NorthWest Company. It was competing against the Hudson Bay Company, another fur-trading company that still exists today.
What is insider trading in relation to investing?
Insider trading is taking advantage of other traders by using non-public information. There are a lot of different kinds of insider trading. The most traditional is a company officer who knows either that his company is about to have news that will push the stock up so he buys a bunch to sell after the price rises, or who knows her company is about to have news that will push it down so she sells her stock before the price drops. There's another kind - front running. When a company's stock is purchased, the stock price goes up ever so slightly...maybe a cent per share...and stays there for a very short period of time. What a front-runner does is looks at a company's order flow and trades ahead of it. Most front-runners are stockbrokers, because you almost have to be to make this work. Let's say I wanted to front-run your million shares of Ford. I would get your trade ticket and enter two orders: yours for a million shares, and mine for a million shares...but I'd hit send on mine just barely before hitting it on yours. In a couple of seconds, the price of Ford stock will go up a penny, and then I would sell my million shares. This happened so fast that I didn't have time to pay for the stock, but I will get to keep the $10,000 profit I just made.
Is the Apple Computer Inc still owned by founding people?
Apple is a publicly traded company with the stock symbol of "AAPL" trading on NASDAQ.
