Definition of share premium in English:
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.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia