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 Par value of a stock, What's the significance of it?

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TSleiwulong90
post Sep 22 2009, 01:58 AM, updated 17y ago

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What's the significance of a par value of a stock apart from it being used to calculate dividends quoted in percentage? Thanks.
cherroy
post Sep 22 2009, 10:15 AM

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http://forum.lowyat.net/topic/1039913/+80
http://forum.lowyat.net/topic/609001/+1020

The issue has been discussed and can be found inside those thread.

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