BA's full security name is "BOEING CO COM USD5.00". What does "COM USD5.00" mean?
Is this the par or nominal value?
If so, how can it be represented as 5 USD? Undeniably BA's share price has outstripped 5 USD.
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Yes it is Common Stock, Par Value.
See other questions regarding the purpose of Par Value:
Relation between par value, offering price and trading range
Inspect the 10-K filing.
"COM" means "common stock".
"USD5.00" is the par value of each share.
Is this the par or nominal value?
Par value.
If so, how can it be represented as 5 USD? Undeniably BA's share price has outstripped 5 USD.
Par value is not market value. Par value is usually only relevant when the company is issuing shares; the newly issued shares cannot be sold for less than the par value.
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