Lisäosake

Lisäosake is a Finnish term referring to a supplementary share or an additional share. In the context of corporate finance, it typically denotes a new share issued by a company that is offered to existing shareholders. This offering is often made at a preferential subscription price, allowing current shareholders to increase their stake in the company.

The primary purpose of issuing lisäosake is usually to raise capital for the company. This capital can be used for various purposes, such as funding expansion projects, acquiring other businesses, reducing debt, or investing in research and development. By offering these new shares to existing shareholders, the company can tap into its current investor base for funding, potentially avoiding the need to seek external financing.

When a company decides to issue lisäosake, existing shareholders are typically given subscription rights. These rights allow them to purchase a certain number of new shares, often in proportion to their current shareholding. Shareholders can choose to exercise these rights and buy the additional shares, or they can sell their subscription rights in the market if they are transferable. This process can sometimes dilute the ownership percentage of shareholders who do not participate in the additional share issue. The terms of the lisäosake offering, including the subscription price and the ratio of new shares to existing shares, are determined by the company's board of directors and require shareholder approval.