Yiren Digital Ltd Shares outstanding
What is the Shares outstanding of Yiren Digital Ltd?
The Shares outstanding of Yiren Digital Ltd is 86.935M
What is the definition of Shares outstanding?
Shares outstanding are all the shares of a corporation or of a financial asset that have been authorized, issued and purchased by investors and are held by them.
= issued shares - treasury shares
Shares outstanding includes all stock held by investors including both common shares held by the public and restricted shares owned by the company's internal managements. Shares outstanding have rights and represent an ownership in the corporation by the person who holds the shares. They are distinguished from treasury shares, which are shares held by the corporation itself and have no exercisable rights. Shares outstanding plus treasury shares together amount to the number of issued shares.
Shares outstanding can be calculated as either basic or fully diluted. The basic count is the current number of shares. Dividend distributions and voting in the general meeting of shareholders are calculated according to this number. The fully diluted shares outstanding count, on the other hand, includes diluting securities, such as warrants, capital notes or convertibles. If the company has any diluting securities, this indicates the potential future increased number of shares outstanding. A company's market capitalization is calculated by multiplying the price of one of its shares by the total number outstanding shares a company has issued.
Shares outstanding of companies in the Finance sector on NYSE compared to Yiren Digital Ltd
What does Yiren Digital Ltd do?
yirendai (nyse: yrd) is a leading online consumer finance marketplace in china connecting investors and individual borrowers. the company provides an effective solution to address largely underserved investor and individual borrower demand in china through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. yirendai deploys a proprietary risk management system, which enables the company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. yirendai's online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.
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