The number of shares currently in the hands of shareholders is the same as the number of shares:
A) proposed by the board of directors
B) authorized
C) issued
D) outstanding

Question

Quizplus · Accepted Answer

The term "outstanding" refers to the total number of shares that are currently held by shareholders, which includes both common and preferred shares. It does not include shares that have been repurchased by the company or shares that are held as treasury stock. Therefore, the number of outstanding shares is equivalent to the number of shares currently in the hands of shareholders.

The Number of Shares Currently in the Hands of Shareholders