The formula for calculating the shares outstanding consists of subtracting the shares repurchased from the total shares issued to date. The outstanding shares formula is represented as issued shares minus shares held in the company's treasury or treasury stock.A cap table is a listing of all the shareholders and their corresponding assigned stock. A company then uses the cap table to track the total amount of shares. What are some examples of weighted average shares outstanding calculations? Healthcare Experience, Press Ganey helps healthcare organizations improve patient experience, safety, and quality. We have various formulas in stock.