The number of outstanding shares of Luminarium Corporation in the market share is 1,000,000 shares.
What is an outstanding shares?
An outstanding shares refers to the number of a firm's shares that is traded on the secondary market.
Outstanding shares = $100,000,000/$100 per share
Outstanding shares = 1,000,000 shares
In conclusion, the number of outstanding shares of Luminarium Corporation in the market share is 1,000,000 shares.
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