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Nucor (NUE) Shares Outstanding (Diluted Average) : 243 Mil (As of Mar. 2024)


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What is Nucor Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nucor's average diluted shares outstanding for the quarter that ended in Mar. 2024 was 243 Mil.


Nucor Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Nucor's Shares Outstanding (Diluted Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nucor Shares Outstanding (Diluted Average) Chart

Nucor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 305.50 303.27 293.39 263.18 250.41

Nucor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 254.40 250.52 248.92 248.11 243.50

Nucor Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Nucor  (NYSE:NUE) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Nucor Shares Outstanding (Diluted Average) Related Terms

Thank you for viewing the detailed overview of Nucor's Shares Outstanding (Diluted Average) provided by GuruFocus.com. Please click on the following links to see related term pages.


Nucor (NUE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (NYSE:NUE) » Definitions » Shares Outstanding (Diluted Average)
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.
Executives
Douglas J Jellison officer: Executive Vice President 1915 REXFORD RD, CHARLOTTE NC 28211
Nicholas C Gangestad director 3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
D. Chad Utermark officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Michael D Keller officer: General Mgr. and Corp. Contro 1915 REXFORD ROAD, CHARLOTTE NC 28211
Allen C Behr officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
David A Sumoski officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Gregory J Murphy officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Leon J Topalian officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Daniel R. Needham officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Noah C Hanners officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Kenneth Rex Query officer: Executive Vice President 2100 REXFORD RD, CHARLOTTE NC 28211
John J Hollatz officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Stephen D Laxton officer: CFO, Treasurer and EVP 1915 REXFORD ROAD, CHARLOTTE NC 28211
Bradley Ford officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211

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