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share premium

Line breaks: share pre|mium

Definition of share premium in English:

noun

Finance
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.

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