par value stock

基本解释

Non par value stock is not allowed in China as there must be a specified par value .
在中国，无票面金额股票是不允许的，必须有一个确定的票面金额。
By analyzing the system of the company capital raising fund as well as its lawmaking, companies can issue publicly its stocks by means of "no par value stock".
从解决企业筹资困境的制度与立法分析中可获知，公开发行公司可采用“无面额股”或“低面额股”的方式来发行股票；资本维持原则只能在某种程度上保障债权人的权利。
When par value stock is issued, the Capital Stock account is credited with the par value of the shares issued, regardless of whether the issuance price is more or less than par.
在发行有面值的股票时，不管发行价格高于或低于票面值，按发行股份的票面值贷记股本账户。

For every ten shares of stock issued, the split will combine them into one share without any change in par value.
FORBES: Citigroup Reinstates Dividend, Reduces Share Count With Reverse Stock Split