share premium
Answers were Sorted based on User's Feedback
Answer / ravichandra
Share Premium means excess issue price over the face value.
| Is This Answer Correct ? | 34 Yes | 1 No |
Answer / guest
share premium is collected at the time of issue
where it is an excess amount than its face value
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / srinivas rao
share premium means issuing the share at excess amount of
share face value
| Is This Answer Correct ? | 2 Yes | 1 No |
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Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50
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