The number of outstanding shares is 21,000. Outstanding shares are important because they represent the portion of a company's stock that is available for trading on the market and can be owned by external investors.
The number of outstanding shares is the number of shares of a company's stock that are currently held by investors, including insider holdings. It is calculated by subtracting the number of treasury shares (shares that are owned by the company itself) from the number of issued shares (shares that have been authorized by the company and are available for trading).
The number of outstanding shares is the number of issued shares minus the number of treasury shares. In this case, the number of outstanding shares is 34,000 - 13,000 = 21,000.
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