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:Adex Company Limited issued ordinary shares N1 each…Company has an authorized capital of 100millon…When a share valued at 50k is issued at #1.59; it is…Shares issued below nominal value are referred to as…A limited company has an authorized capital of…