Stock Market Basics
Shares and Stock Corporations
Basic concepts
- What do you acquire when you buy a share? Easy
- To which type of capital does the money a company raises by issuing shares belong? Easy
- What is a shareholder liable with for the debts of the stock corporation? Easy
- What is the minimum share capital of a German stock corporation (AG)? Easy
- What characterises a no-par share? Easy
Types of shares
Shareholder rights
Types of shares
Corporate actions
- A share of Muster AG trades at 60 euros. In a 4:1 capital increase, new shares are offered at 40 euros. What is the theoretical value of one subscription right? Hard
- In the same case (price 60 euros, new shares at 40 euros, ratio 4:1): to what price does the share fall arithmetically after the capital increase? Hard