Outstanding shares are about 650 million or so, as of Friday. Authozied shares and outstanding shares are two very different things. How are there so many people here that don't know the difference? It is basics. One of the very first things someone should learn and yet so many here don't know the difference. When I was 18 years old I started trading stocks. Among many other things share structure to include restricted shares (shares held by insiders), authorized shares (max amount of shares a company can issue), outstanding shares (shares that the company has issued, float (shares circulating in the market or in other words outstanding shares minus restricted shares), PAR value (the minimum price per share a company can issue at). Share structure knowledge and what each are is something all need to know.