Outstanding Shares

What are Outstanding Shares?

Shares Outstanding is a term found on the Income Statement of a company and it refers to the number of shares currently held by investors. Shares Outstanding can either be Diluted (including potential share creation through options and convertible bonds) or Basic (the actual number of shares held by investors). If the company participates in a share buyback, these shares are removed from the calculation of Shares Outstanding (as are any shares the company holds).

Shares Outstanding is used to calculate Equity Value, Earnings Per Share, Book Value per Share and more.

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