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One share

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › One share

Viewing 2 posts - 1 through 2 (of 2 total)
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  • May 21, 2020 at 7:50 pm #571521
    qilianm
    Participant
    • Topics: 22
    • Replies: 12
    • ☆

    Hi Mike,

    When we talk about the minimum share capital for a public & private ltd company, the requirement is one share for private and £50,000 for a public one. Does one share here equal to £1.00 as a minimum nominal value? I am just bit confused here.

    Thanks.

    May 21, 2020 at 8:25 pm #571522
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Any share can have nominal value of whatever value you choose

    So, I suppose, in theory you could have a public company with a share capital of £50,000 being one single share of £50,000 nominal value

    Of course, that will never happen ….

    …. or will it?

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