A corporate charter specifies that the company may sell up to 28 million shares of stock. The company sels 20 milion shares to investors and later buys back 70 million shares. The current number of outstanding shares after these transactions have been accounted for is: Multiple Choice 8.0 million shares. 140 milion share, 280 milion shares 13.0 million shares. At 10:24 PM 6 ENG 572/2020 Te to search