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I’ve always been curious about this. Who, if anyone, owns the shares that are held in reserve? Surely they can’t be used to vote, unless they are held as an
by ringshall 8y ago
I’ve always been curious about this.
Who, if anyone, owns the shares that are held in reserve?
Surely they can’t be used to vote, unless they are
held as an asset by the company in the same way the company might hold shares in other companies as assets.
Do they exist on the balance sheet?
- gamblor956 8y agoNobody owns the shares in reserve and while in reserve they have no voting or dividend rights. While in reserve, they are neither assets or liabilities or really even anything other than a hypothetical number. Many companies used to disclose the number of shares in reserve, so that shareholders were aware of the potential dilution of their investment, but in an era of buybacks, that has become less popular.