Outstanding Shares defined: Outstanding shares is the stock currently held by investors, including restricted shares owned by the company's officers and insiders, as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock. Also referred to as "issued and outstanding" if all repurchased shares have been retired.
Above is a definition for "Outstanding Shares" from PrivCo's Private Company Knowledge Bank, the definitive online and e-book guide to private companies and private company deals.
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