The No-Par value shares are those whose prices are determined by whether the investors want to pay for them or not.
true
par value
Par value, sometimes referred to as maturity value is the face value of a stock certificate or bond and sets the price below which the security will not be issued. In the case of a bond, it is the principle amount that is due at maturity or call. In the case of a company's stock, the par value has no relation to the market value of the security and is typically set at $0.01 or $0.001 for US companies (though they can also issue no par value shares). Federally incorporated Canadian companies by contrast can only issue no par value shares. Provincially incorporated companies can issue shares with a par value which can be helpful in tax planning, estate freezes and unique preferred share issues. So the short answer to your question is that the 5,000, simply denotes how many shares you have, but the "no par value" part is for all intents and purposes irrelevant and only means that the shares were initially created with no par value. It's an aspect of the shares that's really only relevant to the company's accountants.
in your face ! sexy women wanna have sex ?
No, Australian companies do not have a par value (or nominal value) for their shares. The concept of par value was abolished by law in Australia in 1998.
If a share costs 95 pence to buy, then that is its par value.
There is no correlation between PAR and MARKET PRICE . Par value was the assigned value of a share when the company was set up. There can be par value shares and no par value shares. After the first second, the value of that share has changed from the time it was identified as a share or issued as an outstanding share.
If a share costs 95 pence to buy, then that is its par value.
A stock's par value is the monetary amount assigned to the share of stock.
No.
The par value of an asset is the price that was paid for it or the stated price, without consideration of markets pressures.For example, the par value of a US Treasury Bond set at $100,000 and paying 5% interest has a par value of $100,000. The market value may be higher or lower depending on financial market conditions.
The No-Par value shares are those whose prices are determined by whether the investors want to pay for them or not.
Par Swap rate is the rate which makes the swap value 0.
At par means payable at full value (without deduction)
true
par value