Issued Share Capital

Issued Share Capital is the total number of shares a company has made publicly available multiplied by the total nominal value of the shares. So, General Bank may have 10 million shares in issue, each with a nominal value of £1. Therefore, the issued share capital is £10 million.

Contrast issued share capital with market capitalisation which is the number of shares publicly available multiplied by the current market price of the shares. So, General Bank's share price in the stockmarket might be £3.62. In such circumstances, its market capitalisation, that's the value the stockmarket places on it, would be £36.2 million.