Question

Anthem Company has 100,000 shares authorized, 96,000 shares issued, and 23,000 shares of treasury stock. Determine the number of shares outstanding.

Answer 1

The number of outstanding shares is 73,000 shares.

What are the outstanding shares?

Shares outstanding refer to a company's stock that is currently held by all its shareholders.  They exclude treasury stock, but include:

• Block shares held by institutional investors
• Restricted shares owned by the company's officers and insiders.

Outstanding shares appear on a company's balance sheet under “Capital Stock.”

Data and Calculations:

Authorized shares = 100,000

Issued shares = 96,000

Treasury stock = 23,000

Outstanding shares = 73,000 (96,000 - 23,000)

The number of outstanding shares is 73,000 shares.

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