The capital structure of exchange-traded funds, in which large institutions create shares in big blocks, helps keep their expenses low.

But creating new shares would make the shares that already exist less valuable, because those shares would no longer represent full ownership of the company.

But no more preposterous than suggesting that the players would throw a game or two to create higher shares.

In the United Kingdom, public limited companies, those listed on the London Stock Exchange, have a number of ways to create new shares.

A scrip issue is the process of creating new shares which are given free of charge to existing shareholders.

Mutual funds generally create and sell new shares to accommodate new investors.

As an open-ended company the manager must create shares when money is invested and redeem shares as requested by shareholders.

It had expected it would have to create publicly traded common shares before May 1 to accommodate the owners of the preferred, which becomes convertible then.

In doing so, it created "super-voting" shares, called Class B common, for the family - stock that held 40 percent of the voting power.

Reward your employees - employee share ownership plans only work within a business structure that allows you to create and distribute shares, ie a limited company.