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Figure 25.2
Identify the labeled structure(s) in each of the following questions.
-Identify the structure(s) indicated by Label D.
Authorized Shares
Authorized shares are the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.
Reacquired
Refers to the process of a company buying back its own shares or assets which were previously sold or issued.
Outstanding Shares
The total number of shares of stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
Outstanding Stock
Issued stock that has not been reacquired but remains in the hands of stockholders.
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