ILEC

ausgegebenes Aktienkapital

shares of a company that are held by shareholders

genehmigtes Aktienkapital

total amount of stock a company may offer to its shareholders.

maximum number of shares that a company can issue

Stammaktien

shares that carry voting rights and dividend entitlements

the payment of dividends is dependent upon the performance of the company.

Vorzugsaktien

shares that are given prefernce in dividend entitlements over ordinary shares, but usually do not carry any voting rights

Aktienstückelung / Zusammenlegung von Aktien

When a company declares a stock split, the price of the stock will decrease, but the number of shares will increase proportionately. A stock split does not affect on value of what shareholders own. If the company pays a dividend, your dividends paid per share will also fall proportionately. Companies often split their stock when they believe the price of their stock is too high to attract smaller, individual investors. By reducing the price of the stock, companies try to make their stock more affordable to these investors.

Vorkaufsrecht

the company is required to offer newly issued shares first to its existing shareholders, who have the right of first refusal.

Fremdkapital

part of a company's proftis paid to the shareholders