The amount by which the amount received by a company for a stock issue exceeds its face value: reduction of share capital or share premium account
More example sentences
- None of this is evidence that the share premium is set to decline as investors and unit-trust managers jump into the market.
- ‘These costs have not been recognised and will be charged to the share premium account,’ said the prospectus.
- The telecom giant announced on Wednesday that it would seek shareholder approval to wipe out its entire share premium account balance at the end of 2003 in a capital reduction exercise.