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In-Depth Incorporation FAQ
What are issued shares?
Issued shares are the authorized shares that have actually been issued to shareholders. The total number of shares that have been distributed at a given time are the shares that comprise the entire pie of ownership. Shares that are authorized and un-issued are not taken into account when determining what percentage of ownership a given shareholder has. However, a shareholder's percentage of ownership is subject to dilution if the Board decides it is appropriate to issue more of the authorized shares.
