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canje de acciones existentes por nuevos títulos representativos del capital

English translation: exchange of existing shares for new certificates representing ( ) equity

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:canje de acciones existentes por nuevos títulos representativos del capital
English translation:exchange of existing shares for new certificates representing ( ) equity
Entered by: Lorena Álamo
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21:42 Sep 12, 2007
Spanish to English translations [PRO]
Law/Patents - Law (general) / Sociedades - Estatutos
Spanish term or phrase: canje de acciones existentes por nuevos títulos representativos del capital
Esta frase aparece en un estatuto de una sociedad argentina. La frase completa dice:
"Se propone que el capital de la sociedad quede representado por 100.000 acciones de valor nominal un peso y con derecho a un voto, para lo cual se deberá proceder al canje de las acciones existentes por nuevos títulos representativos del capital social."

Mi duda acá es específicamente sobre los términos canje y títulos. Entiendo que se refiere a un cambio y no a un canje en el sentido de "swap" y que títulos serían "certificates" y no "securities", pero me gustaría estar 100% segura. Abajo transcribo mi versión de la oración en inglés:

For such purpose, the current shares will have to be exchanged for new certificates representing the corporate capital.

Muchas gracias,

Lorena.
Lorena Álamo
Local time: 00:06
exchange of existing shares for new certificates representing ( ) equity
Explanation:
canje de acciones existentes por nuevos títulos representativos del capital = exchange of existing shares for new certificates representing corporate equity
Selected response from:

Henry Hinds
United States
Local time: 21:06
Grading comment
Gracias Henry!!

Lorena
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +2exchange of existing shares for new certificates representing ( ) equity
Henry Hinds


  

Answers


35 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
exchange of existing shares for new certificates representing ( ) equity


Explanation:
canje de acciones existentes por nuevos títulos representativos del capital = exchange of existing shares for new certificates representing corporate equity

Henry Hinds
United States
Local time: 21:06
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 5063
Grading comment
Gracias Henry!!

Lorena

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans: equity certificates
9 mins
  -> Gracias, Allegro.

agree  MikeGarcia
10 hrs
  -> Gracias, Miguel.
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