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Authorized shares are: Stock that is performing well on the New York Stock Exchange. Shares of stock that can be issued legally, as specified in

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Authorized shares are: Stock that is performing well on the New York Stock Exchange. Shares of stock that can be issued legally, as specified in the charter of the corporation. Usually it is the maximum number of shares of capital stock that can be sold to the public. The maximum number of shares of capital stock that can be held in the corporate treasury, Shares of capital stock that can be held in the hands of shareholders

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