No par value shares are the subject for a book

NEWS AND EVENTS 21 Jul 2011

No par value shares were recently integrated into Portuguese legislation and they are an important tool for the management of limited companies.
Paulo Câmara and Ana Filipa Morais Antunes, respectively partner and Of Counsel at SÉRVULO, have launched the book No Par Value Shares, published by Coimbra Editora.

What are no par value shares? What are the advantages of resorting to them? These are some of the questions analysed in the book. Using no par value shares, something recently integrated into Portuguese corporate legislation, implies functional, structural and organization changes in the companies using them. One of the notable advantages is increased flexibility, given that, with the abolition of a minimum value of shares released in capital changes, there is no longer the need to constantly update stock certificates and change constituent acts. This and other important issues are dealt with in depth in the work in question.