Meaning of “outstanding shares” in the English Dictionary

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"outstanding shares" in Business English

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outstanding sharesnoun [ plural ]

uk us also shares outstanding, outstanding stock [ U ]

FINANCE, STOCK MARKET the total number of shares held by a company's shareholders at a particular time:

The exchange offer for all outstanding shares has been extended and will now expire on March 10.

(Definition of “outstanding shares” from the Cambridge Business English Dictionary © Cambridge University Press)