Mr Cooper Group Inc (COOP)

[invest1980]

That amount is NOT the shareholder equity. It is a component of shareholder equity. It basically represents how much shareholders paid for the 1.7 billion shares (since the issued shares have no par value per the 10Q report).

Usually stock has a par value of .01, and then the amount shareholders paid for stock is the sum of two lines, par value + additional paid in capital.