Basic concepts · Question 5 of 12
What characterises a no-par share?
1 answer is correct. Easy
Show answer
Answer
- B It has no nominal amount, and each share represents the same portion of share capital
Explanation
No-par shares have no nominal amount. Each share stands for the same portion of the share capital, which must be at least 1 euro arithmetically (Section 8 AktG). In Germany, no-par shares are the usual form today; par value shares are rare.