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What would 2 shares of the common stock for the horry telephone cooperative inc purchased in 1991 be worth today?
Back when HTC, Inc originally started business; the company issued "Stock Certificates" to qualifying members at $10 a share. Although it was referred to then as "Stock Certificates" it is not stock that earns any interest. Today it is referred to as "Membership". The Stock no. that was given is your Member Number.
As a Cooperative, all "profits" earned by the company in any given year are allocated back to its members in the form of capital credits. This allocation is based directly on the amount paid by the customer for service during that particular year. The company uses this money as working capital, until some point in the future when the Board of Directors decides the financial condition of Cooperative is such that a refund can be given for a specific year or portion of years. At the time as specified by the Board of Directors, refund checks are issued to members, and applicable former members, for the specific years (or portions of years) capital credits approved to be refunded.
For any further information concerning your membership please contact HTC, Inc directly at (843)369-8530 or toll free at 1-800-824-6779.
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What would 2 shares of the common stock for the horry telephone cooperative Inc purchased in 1984 be worth today?
I have 2 shares purchased in 1976. I called the company today and the customer service rep was very enthusiastic that it would be worth my time to visit one of the companies locations with my paperwork. Though by company policy they couldn't give me the exact amount on the phone the rep was very positive.
Where do you find value for Horry Telephone Coperative stock?
Horry Telephone Cooperative was founded in 1954. In the old days, members actually received a stock certificate as proof of membership. The shares had no value except maybe the $10 it cost to purchase them and they were never to be traded. As long as the customer retained service they are eligible for capital credits, but the shares accrued no additional value.If you have questions or concerns about Horry Telephone Cooperative Inc capital credits (stock), please contact our Accounting Department at (843) 369-8530.Thank you,HTC Representative
You just got a dividend of 30 shares of preferred stock on your XYZ common stock You had purchased 200 shares of XYZ stock for 12000 On the date of dividen the market value of the common stock w?
Market value of common stock = 12000 / 200 = 60 per share Preferred shares are different from common shares
Can a lien be put on a co op?
The answer is yes. The lien is typically collateralized by the cooperative shares.
Example of Paid-Up Capital?
The amount of money received by shareholders that have paid for the shares they purchased is paid-up capital. An example is the shares a company offers to shareholders that are paid for and not shares that have not been purchased but have been bid on.
What do call a place where everyone shares everything equally?
You would call a place where everyone shares everything equally a commune or a cooperative community.
What does acquired 100 shares mean?
Generally speaking the phrase of "acquired 100 shares" means that a person has purchased 100 shares of a corporation's stock.
What represents the largest number of common shares?
Authorized shares
In what year did Microsoft buy shares in Apple?
In 1997 Microsoft purchased $150 million of non-voting Apple shares.
Are powergen shares still valid?
Do Shares of Kennesaw Life and Accident Insurance Company Atlanta Georgia purchased in 1966 still have value?
What are the Two types of shares?
There are different types of shares available. Some examples include ordinary shares, preferred shares, cumulative preference shares, and redeemable shares.
What would cause common stock shares issued to exceed common stock shares outstanding?
declaration of a stock dividend
