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Legg Mason, Inc.'s quarterly additional paid-in capital declined from Jun. 2013 ($3,370 Mil) to Sep. 2013 ($3,304 Mil) and declined from Sep. 2013 ($3,304 Mil) to Dec. 2013 ($3,235 Mil).
Legg Mason, Inc.'s annual additional paid-in capital declined from Mar. 2011 ($4,111 Mil) to Mar. 2012 ($3,864 Mil) and declined from Mar. 2012 ($3,864 Mil) to Mar. 2013 ($3,449 Mil).
Capital that a company raises in a financing round in excess of the capital's par value. The account represents the excess paid by an investor over the par-value price of a stock issue. Additional paid-in-capital can arise from issuing either preferred or common stock.
Additional Paid-In Capital is calculated as
|Additional Paid-In Capital||=||(Issue Price||-||Par Value)||*||Shares Outstanding|
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Legg Mason, Inc. Annual Data
Legg Mason, Inc. Quarterly Data