The number of shares outstanding is equal to the number of shares issued minus the number of shares bought back.

Name: The number of shares outstanding is equal to the number of shares issued minus the number of shares bought back.
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The number of shares outstanding represents the total number of shares held by shareholders, both publicly traded and privately held. It is calculated by subtracting the number of shares bought back from the total number of shares issued.

The Number of Shares Outstanding Is Equal to the Number