The number of shares authorized for issuance by a company's charter, including both common stock and preferred stock.

按公司法规定，股份有限公司为筹措资本所发行的一定数量的股份，其中包括各种普通股和优先股。

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The stock repurchase program means Hecla is authorized to repurchase up to 20 million shares of its outstanding common stock from time to time, with the purchases expected to occur over the next 24 months, the company said.

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The bank also said its Board has authorized it to buyback nearly 12.6 million shares, about 7% of its outstanding common stock, as well as outstanding warrants to purchase nearly 11.5 million shares of common stock.

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