When shares are oversubscribed, the promoters may decide to scale down. When this is done, the shares are issued proportionately? by Sunday | Jun 5 | Accounting WAEC | 0 comments A. on pro-rate B. at discount C. at par D. at premium Correct Answer: Option A A. on pro-rate Users Also Read These:Shares issued below nominal value are referred to as…A public company has an authorized capital of 60,000…A limited company has an authorized capital of…When shares are oversubscribed, the promoter may…Adex Company Limited issued ordinary shares N1 each…