peanut, The peanut, also known as the groundnut and the goober and taxonomically classified as Arachis hypogaea, is a legume crop grown mainly for its edible seeds. It is widely grown in the tropics and subtropics, being important to both small and large commercial producers.
Definition of outstanding shares: The number of ordinary shares that, after their issue, have been sold to and are being held by shareholders. Computation of dividend, and the market capitalization of a publicly traded company, are ...
Such shares continue to be authorized shares and may be issued by the company again at a later date. Continuing the above example, it the company retires 500 common shares, its authorized shares remain at 40,000, its issued shares fall to 9,500 (10,000  500), and its outstanding shares fall to 9,500 (10,000 500).