Issued, Outstanding, and Fully Diluted Shares

The video tutorial explains the concepts of authorized, issued, and outstanding shares in a corporation. It covers how shares are issued to investors, the changes that can occur in issued shares, and the concept of treasury shares. The tutorial also discusses the idea of fully diluted shares, which includes stock options and conversion rights, and how these affect the total number of outstanding shares.

What are treasury shares and how do they relate to issued shares?

Describe the process by which a company can change the number of authorized shares.