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How can a company convert all or any of its ful...

How can a company convert all or any of its fully paid up shares into stock ?

How can a company convert all or any of its fully paid up shares into stock ?

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Chiranjibi Aug. 16, 2018

A company may, if so authorised by its Articles, convert all or any of its fully paid-up shares into stock, and reconvert that stock into fully paid-up shares of any denomination.

In general parlance every 'stock' is a 'share' while every 'share' may not be a 'stock'.

How can a company convert all or any of its fully paid up shares into stock ?