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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly
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The term 'had outstanding 230574603 shares' refers to the number of shares that a company has issued and are currently held by shareholders. This figure is significant for understanding company ownership and market capitalization.
Companies that have publicly traded stock are required to report their total shares outstanding, including the figure of 230574603 shares, typically in financial statements filed with regulatory bodies such as the SEC.
To report outstanding shares, companies must accurately disclose the total number of shares issued minus any shares held in the company’s treasury. The figure of 230574603 should be included in the appropriate section of financial statements or regulatory filings.
The purpose of disclosing the number of outstanding shares, such as 230574603, is to provide transparency to investors regarding the ownership structure of the company and to assist in calculating important metrics like earnings per share (EPS).
Reporting on outstanding shares typically includes the number of total shares issued, percentage held by insiders, any changes in share structure, and any shares held in treasury.
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