unissued stock

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unissued stock

n. a corporation's shares of stock which are authorized by its articles of incorporation, but have never been issued (sold) to anyone. They differ from "treasury stock," which is stock that was issued and then reacquired by the corporation. (See: stock, corporation, treasury stock)

References in periodicals archive ?
54 million shares from its authorized but unissued capital stock in favor of PAL shareholders who have participated in the share swap transaction.
During the annual meeting on Wednesday, shareholders of DoubleDragon ratified a plan to issue up to 150 million common shares from the company's authorized but unissued capital stock.
In a disclosure to the Philippine Stock Exchange Tuesday, San Miguel said its board of directors had approved an offering of about one billion common shares to be taken out of its unissued capital stock and treasury shares.
65 billion shares out of its unissued capital stock, priced at P5 per share, or a total of P8.