Accccountounting Discussion Question

User Generated

gobar1987

Business Finance

Description

Look at DAL's annual report. What type of stock has DAL issued? How many shares have been issued?

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Explanation & Answer

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Delta Air Lines Inc's shares outstanding for the quarter that ended in Sep. 2014 was 843 Mil.

Delta Air Lines Inc's quarterly shares outstanding declinedfrom Jun. 2014 (850 Mil) to Sep. 2014 (843 Mil). It means Delta Air Lines Inc bought back shares from Jun. 2014 to Sep. 2014 .

Delta Air Lines Inc's annual shares outstanding increased from Dec. 2012 (850 Mil) to Dec. 2013 (858 Mil). It means Delta Air Lines Inc issued new shares from Dec. 2012 to Dec. 2013.

Link: http://www.gurufocus.com/term/Shares+Outstanding/DAL/Total+Shares+Outstanding/Delta+Air+Lines+Inc




Anonymous
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