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Average Shares Outstanding - The average shares outstanding are the average number of common stock shares that have not sold, or been issued, during a given period of time, or timeframe. This number may fluctuate with the purchase of the stocks purchased. Usually this occurs when the company issued shares are not sold during this period; therefore, there are company issued shares still remaining for sale during a given period of time, which makes those unsold shares outstanding on the companies balance sheet. |