Exploring the minimum amount required for a share premium account, its historical context, types, key events, mathematical formulas, importance, and examples.
Reserves are a part of the capital of a company, originating from retained profits or the issuance of share capital above its nominal value, earmarked by directors for special purposes.
The concept of share premium pertains to the amount payable for shares issued by a company in excess of their nominal value. This article provides a comprehensive overview including historical context, types, key events, and detailed explanations.
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