This is a portion of YHOO's 1998 balance sheet.
It shows that there are plenty of shares authorized for a stock split.
Am I missing something here?
Shareholders' equity:
Preferred Stock, $0.001 par value; 10,000 shares authorized; none
issued or outstanding in 1998 and 1997.............................. -- --
Common Stock, $0.00017 par value; 900,000 shares authorized; 199,019
issued and outstanding in 1998 and 180,408 issued and outstanding in
1997................................................................ 23 20
Additional paid-in capital............................................ 522,997 151,744
Accumulated deficit................................................... (8,442) (32,963)
Accumulated other comprehensive income (loss)......................... 21,632 (443)
--------- ---------
Total shareholders' equity........................................ 536,210 118,358 |
