what are corporate stock shares

Florida Statutes require that the number of shares a profit corporation is authorized to issue must be stated in its Articles of Incorporation. The number of shares of stock can be changed by filing Articles of Amendment with shareholder approval. The number of shares can be 1 share or 1,000,000 shares. There is no set number required. Shares of stock can be valued at any amount set by the corporation. (Examples: $.001 a share, $1.00 a share, or $100. a share). If the corporation is owned by one individual, that person would be the sole shareholder. Usually there is more than one shareholder in a corporation but not all employees, officers, or directors have to be a shareholder. Blank Stock Certificates can be purchased at an office supply store or created by the corporation itself. No shareholder information is maintained by or required to be sent to the Division of Corporations, only the number of shares of stock the corporation is authorized to issue. If you are unsure of what to enter for the number of shares of stock and how to establish a value, you should seek the advice of an attorney.