Shares of stock currently owned by a firm's shareholders are called ________.

Question

Quizplus · Accepted Answer

The shares of stock currently owned by a firm's shareholders are called outstanding shares.

Options A, B, and D refer to different types of shares:

A) Authorized shares: The maximum number of shares a company is allowed to issue according to its articles of incorporation.

B) Issued shares: The total number of shares that a company has actually issued to its shareholders.

D) Treasury shares: Shares that a company has bought back or redeemed from the open market, but not cancelled or retired.

Shares of Stock Currently Owned by a Firm's Shareholders Are