Examlex
Which is correct?
Treasury Stock
Shares that were once a part of the outstanding shares and have been bought back by the company.
Authorized Shares
The highest amount of shares a company is allowed to distribute, as outlined in its charter.
Outstanding Shares
The total number of shares of a corporation that have been issued and are in the hands of the public and insiders.
Issued Shares
The total number of shares of stock that have been sold.
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