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What is Share Premium?

Answer Posted / h.r. sreepada bhagi

Share Premium - Issue price in excess of the face value of
shares.

E.g. - Face Value is Rs.10/-, Issue price is Rs.100/-, then,
Share Premium is Rs.90/-.

Is This Answer Correct ?    20 Yes 0 No



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Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33

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