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Rule Title: COMMON STOCK CAPITAL
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Department: PUBLIC SERVICE REGULATION, DEPARTMENT OF
Chapter: UTILITY DIVISION
Subchapter: Minimum Rate Case Filing Requirements for Telephone Utilities
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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38.5.2818    COMMON STOCK CAPITAL

(1) Statement H shall include the following for each sale of common stock during the two year period preceding the most recently available balance sheet:

(a) Number of shares sold;

(b) Gross proceeds at offering price;

(c) Underwriters' discount or commission;

(d) Proceeds to the filing utility;

(e) Amount of issuance expenses;

(f) Net proceeds;

(g) Offering price per share;

(h) Net proceeds per share;

(i) Whether issue was offered to stockholders through subscription rights or to the public.

(2) Statement H shall also include the following information on outstanding common stock for the five calendar years preceding the end of the test period and by months for the 12 month test period:

(a) Average number of shares outstanding;

(b) Earnings per average share for only the five years preceding the test year;

(c) Annual earnings per share for the latest reported 12 month average;

(d) Annual dividend rate per share;

(e) Dividends listed as percent of earnings;

(f) Average market price based on the monthly high and

low.

History: Sec. 69-3-103, MCA; IMP, Sec. 69-2-101, MCA; NEW, 1986 MAR p. 807, Eff. 5/16/86.


 

 
MAR Notices Effective From Effective To History Notes
5/16/1986 Current History: Sec. 69-3-103, MCA; IMP, Sec. 69-2-101, MCA; NEW, 1986 MAR p. 807, Eff. 5/16/86.
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