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outstanding capital stock

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Financial Dictionary

outstanding capital stock

The number of shares of capital stock that have been issued and that are in public hands. Outstanding stock excludes shares issued but subsequently repurchased by the issuer as Treasury stock. Outstanding stock is used in the calculation of book value per share and earnings per share. Also called shares outstanding, stock outstanding.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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