It is common practice in Canada and the United States to put a value on the share, making it a par-value share.

Name: It is common practice in Canada and the United States to put a value on the share, making it a par-value share.
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In Canada and the United States, it is more common for shares to be issued without a specific face value, known as no-par value shares, allowing companies more flexibility in their financial management.

It Is Common Practice in Canada and the United States