{"id":2871,"date":"2024-11-25T10:44:26","date_gmt":"2024-11-25T09:44:26","guid":{"rendered":"https:\/\/blog.conscience.dona.club\/index.php\/2024\/11\/25\/how-to-increase-the-par-value-of-a-stock-2-2\/"},"modified":"2024-11-25T10:44:26","modified_gmt":"2024-11-25T09:44:26","slug":"how-to-increase-the-par-value-of-a-stock-2-2","status":"publish","type":"post","link":"https:\/\/blog.conscience.dona.club\/index.php\/2024\/11\/25\/how-to-increase-the-par-value-of-a-stock-2-2\/","title":{"rendered":"how to increase the par value of a stock 2"},"content":{"rendered":"<p>How to Increase the Par Value of a Stock<\/p>\n<p>This calculation method can lead to predictable dividend payouts regardless of changes in the stock\u2019s market price. In some jurisdictions, companies are allowed to issue no-par value shares, which means there is no set minimum issuance price. This approach offers flexibility and is common in regions that permit it, as it removes restrictions tied to a nominal value. Par value is central to the mechanics of stock splits, a process companies use to increase share accessibility without changing the overall value of equity.<\/p>\n<p>In addition to stock splits and reverse stock splits, par value can also change due to other factors such as stock dividends or stock repurchases. A stock dividend is when a company distributes additional shares of stock to its shareholders as a form of dividend payment. On the other hand, a stock repurchase is when a company buys back its own shares from the market. By examining these facets, we gain a comprehensive understanding of the strategic considerations and potential impacts surrounding stock splits and par value preservation.<\/p>\n<ul>\n<li>For example, in Delaware, corporations can choose to assign a par value to reduce their franchise tax liability.<\/li>\n<li>This means the company\u2019s legal capital, which is the portion of equity that cannot be distributed as dividends, is $10,000.<\/li>\n<li>For a company issuing a bond, the par value serves as a benchmark for pricing.<\/li>\n<li>This value is largely symbolic but serves as a legal boundary to ensure shares are not sold at a price that could undermine the financial stability of the company.<\/li>\n<li>In this case, the stock&#8217;s legal capital is calculated by multiplying the number of shares issued with the stated value of the stock.<\/li>\n<\/ul>\n<h2>Strategies for Preserving Par Value During a Split<\/h2>\n<p>It&#8217;s important to note that if you&#8217;ve reinvested dividends or received any other distributions, those amounts should be added to your original cost basis before calculating the adjusted cost basis. Additionally, if you sell some <a href=\"https:\/\/www.accountingcoaching.online\/how-to-increase-the-par-value-of-a-stock\/\">how to increase the par value of a stock<\/a> of your shares after a stock split, you&#8217;ll need to calculate the adjusted cost basis for each block of shares separately. Potential increase in demand &#8211; A lower share price can make a stock more attractive to investors, potentially increasing demand and driving up the price over time. This can be beneficial for shareholders who hold onto their shares after the split. One of the main reasons is to make the stock more affordable for individual investors. By lowering the price of each share, more investors are able to purchase shares, which can increase demand for the stock and drive up the price.<\/p>\n<h2>Why doesn\u2019t par value change in a stock split?<\/h2>\n<p>The terms par value and face value are interchangeable and refer to the stated value of a financial instrument at the time it is issued. On your balance sheet, the corresponding $10 million cash inflow offsets this equity increase. The additional paid-in capital is a part of total paid up capital that increases the stockholders\u2019 equity. Some states require companies to assign a par value to their shares, while others do not.<\/p>\n<ul>\n<li>Companies set the par value of their shares in the corporate charter, also known as the articles of incorporation.<\/li>\n<li>A bond\u2019s par value is the dollar amount indicated on the certificate, wherein the calculation of interest and the actual amount to be paid to lenders at maturity date is set.<\/li>\n<li>Since 2004, Meta has made numerous amendments to its Articles of Incorporation.<\/li>\n<li>Marketing collaboration agreements represent a strategic alliance between two or more parties to&#8230;<\/li>\n<li>It is also worth noting that changing the par value of a stock does not have any direct impact on its market price.<\/li>\n<\/ul>\n<p>The legal framework governing par value reduction is a complex tapestry that intertwines statutory regulations, case law, and corporate governance principles. Par value reduction, as a capital reduction technique, must navigate through a series of legal checkpoints that ensure the process is conducted equitably and transparently. While par value is an important concept in stock trading, it is not a fixed value that remains constant. A stock split occurs when a company decides to increase the number of shares outstanding by dividing existing shares into multiple shares.<\/p>\n<h2>The Answer: Yes, par value changes in a stock split.<\/h2>\n<p>The views, opinions and advice of any third party reflect those of the individual authors and are not endorsed by TMX Group Limited or its affiliates. Compliance with corporate laws requires precise financial documentation, especially when issuing stock or bonds. Ramp automates compliance by applying AI-driven accounting rules, ensuring transactions are correctly categorized and mapped to the right regulatory requirements. In certain cases, dividends are calculated based on par value rather than market value, especially with low-par stocks.<\/p>\n<h2>Can a stock split be a positive sign for investors?<\/h2>\n<p><img decoding=\"async\" class='aligncenter' style='display: block;margin-left:auto;margin-right:auto;' width=\"606px\" alt=\"how to increase the par value of a stock\" src=\"data:image\/jpg;base64,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\"\/><\/p>\n<p>Companies typically offer stock grants and options at the fair market value price of the company\u2019s shares. Failure to do so, and undervaluing these options, can result in major IRS penalties and lost compensation. The term par value can be confusing because it has nothing to do with the price investors pay to own shares in the company. For example, you can establish a par value of $0.0001 per share but sell shares to investors for $10 per share. When you first set up your company, it behooves you to set a value for your company\u2019s shares to avoid issues down the line.<\/p>\n<p><img decoding=\"async\" class='aligncenter' style='display: block;margin-left:auto;margin-right:auto;' width=\"606px\" alt=\"how to increase the par value of a stock\" src=\"data:image\/jpeg;base64,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\"\/><\/p>\n<p>A no-par value stock is any share that a company issues without having a par value. Therefore, the underlying company does not mention any amount for this value in its articles of association. Even if the market determines the share\u2019s worth to be lower than its par value, the company will value it at nominal value. Usually, companies set this amount at minimal amounts, for example, $0.01. Once these shares get into the market, the market forces will determine the price. Any subsequent stock transfers will have a different worth than the initial issue price.<\/p>\n<p>When a company&#8217;s stock price is high, it can be a sign that the company is doing well. By splitting the stock, the company is making it easier for more investors to buy shares and potentially benefit from the company&#8217;s growth. Par value is used to determine the accounting value of a company&#8217;s stock. Accounting value is the value of the stock as per the company&#8217;s balance sheet. It is calculated by subtracting the liabilities of the company from its assets and dividing the remainder by the number of shares outstanding.<\/p>\n<p>Par value stock&nbsp;is a type of&nbsp;common or&nbsp;preferred stock having a nominal amount (known as par value) attached to each of its shares. Par value is the per share legal capital of the company that is usually printed on the face of the stock certificate. Par value is a nominal value assigned to a company&#8217;s shares, which helps in determining the legal capital of the company. From the company&#8217;s perspective, par value is the amount of capital that a company raises by issuing shares to the public. It is usually a small amount, say $0.01 per share, and it has no relation to the market value of the stock.<\/p>\n<p>While it is legal in some states including Delaware to issue no par value shares at a company\u2019s outset, it is not often done. In conclusion, par value is an important concept in stock trading, but it is not a fixed value like the market price of a stock. While par value can change, it is not something that happens frequently and is typically a decision made by the company issuing the stock. It is also worth noting that changing the par value of a stock does not have any direct impact on its market price. So the next time you come across the term par value in stock trading, you can now understand its significance and how it can potentially change. From setting a base price for stock issuance to influencing bond returns, par value helps structure financial transactions and provides transparency in reporting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to Increase the Par Value of a Stock This calculation method can lead to predictable dividend payouts regardless of changes in the stock\u2019s market price. In some jurisdictions, companies are allowed to issue no-par value shares, which means there is no set minimum issuance price. This approach offers flexibility and is common in regions [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154],"tags":[],"class_list":["post-2871","post","type-post","status-publish","format-standard","hentry","category-bookkeeping"],"_links":{"self":[{"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/posts\/2871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/comments?post=2871"}],"version-history":[{"count":0,"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/posts\/2871\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/media?parent=2871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/categories?post=2871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.conscience.dona.club\/index.php\/wp-json\/wp\/v2\/tags?post=2871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}