Financial Statements

Share Premium

Definition

What is Share Premium?

The amount received above the nominal or par valueThe stated value of a bond or share, often used as the amount repaid at bond maturity. of issued sharesShares that a company has formally created and allocated to shareholders..

Example in practice

How This Looks in Practice

Shares issued at ₦10 with ₦1 par value create ₦9 share premium per share.

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