The formula for calculating the shares outstanding consists of subtracting the shares repurchased from the total shares issued to date. Alameda Tent Company has 75000 shares of stock outstanding.The outstanding shares formula is represented as issued shares minus shares held in the company's treasury or treasury stock. We have audited the basic financial statements of the City of Alameda, California, for the year ended. Completely fill in the oval to the right of your Candidate choice. In this video, we will study the definition, types of Outstanding Shares and its impact on investors. What are Outstanding Shares(stocks)?