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Buyback of shares 1st test

Accountancy

Hi sir , Sir ; in the first test what does the word outstanding shares actually mean ? Video Details ------------- P1 - Advanced Accounting - Without AS Buy Back of Securities #4. Tests for Buy Back

Nagachaitanya Nomula

CA Inter

★ 8K+

19-Nov-24 20:57

267

Answers (1)

the term "outstanding shares" refers to the shares that have been issued by the company and are currently held by the shareholders, excluding any treasury shares or shares that have been repurchased but not yet canceled. Basically shares in issue.

CA Suraj Lakhotia

Admin

22-Nov-24 14:00