“Issued shares at date of execution” usually means the number of company shares that had already been formally issued as of the contract’s signing or execution date. In plain English, it is the share count the company had on that specific date, not a future or expected count.

What “issued shares” means

Issued shares are shares the company has given out to shareholders, whether for cash, compensation, or another purpose. They can include shares still held by investors and, depending on the context, even treasury shares that were once issued and later bought back by the company.

What “date of execution” means

“Date of execution” is the date a document or agreement becomes signed and effective. So if a document says “issued shares at date of execution,” it is asking for the company’s issued share count at that exact point in time.

Why it matters

This wording is often used in legal, financing, or corporate documents to lock in the company’s capitalization as of a specific date. That helps parties know the exact ownership base when the agreement was signed.

Simple example

If a company had 10 million issued shares when an agreement was signed, then “issued shares at date of execution” would mean 10 million for that document, even if the company later issued more shares.

TL;DR

It means the total number of shares the company had officially issued on the day the document was signed.