What does the description of the authorized share structure specifically include?

The authorized share structure of a company is a fundamental aspect of corporate governance found in its articles of incorporation or bylaws. It specifically includes the name of each class or series of shares that the company is authorized to issue. This designation provides critical information regarding the rights and privileges attached to different classes of shares, such as voting rights, dividend preferences, and liquidation priorities.

This information is essential for shareholders and potential investors as it defines how ownership interests are structured within the company, influencing both decision-making power and financial returns. Understanding the authorized share structure is also crucial for compliance with securities regulations and for the transparent operation of the company.

In contrast, other options such as employee compensation plans, geographical business operations, and profiles of board members, while important in their own right, do not pertain directly to the authorized share structure. They relate to operational aspects of a company rather than the specific legal framework governing its capital shares. Thus, the information about classes or series of shares is critical for understanding how a company's equity is organized and distributed among shareholders.