Business Studies, asked by jamviecastillo3876, 6 months ago

Can the company allot shares? Explain the underlying concept in detail.

Answers

Answered by Angelpriya80

Answer:

Share allotment is the creation and issuing of new shares, by a company. New shares can be issued to either new or existing shareholders. Share allotment can have implications for any existing shareholders share proportion. Typically, new shares are allotted to bring on new business partners.

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