Outstanding shares of stock are

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Outstanding shares refer to the stocks that have been issued and are currently held by shareholders, excluding any treasury shares. These shares are still in circulation and can be bought and sold on the stock exchange. Option A is incorrect because it includes all shares, including treasury shares, which are not outstanding. Option B is incorrect because treasury shares are the shares that the company has bought back and currently holds, not outstanding. Option C is incorrect because it refers to the authorized shares, which are the maximum number of shares a company is allowed to issue according to its articles of incorporation, not outstanding shares.

Outstanding Shares of Stock Are