Par value (PV)

Like money, every stock certificate has a par, or face, value. A share with a par value of one is a basic stock, and a share with a value of five is equal to five basic stocks,
just as a $5 bill is equal to five $1 bills.
The equality of shares applies to a company’s ownership, not to its voting rights (this will be discussed later).
Most companies traded on a stock exchange have stocks with a par value of 1.
however, some companies have more than one type of stock.

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This entry was written by admin, posted on May 1, 2009 at 8:31 am, filed under Stock Exchange. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.