The number of outstanding shares is 73,000 shares.
<h3>What are the outstanding shares?</h3>
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.”
<h3>Data and Calculations:</h3>
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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