A company's outstanding shares refer to the total number of shares that have been issued by the corporation. These shares are held by shareholders, who own a portion of the company and are entitled to a share of its profits. Outstanding shares can impact a company's stock price and can also be used to calculate important financial metrics such as earnings per share. It is important for investors to have a clear understanding of a company's outstanding shares in order to make informed decisions when investing in the stock market.
