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OUTsurance Group (JSE:OUT) Shares Outstanding (EOP) : 1,532 Mil (As of Jun. 2023)


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What is OUTsurance Group Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. OUTsurance Group's shares outstanding for the quarter that ended in Jun. 2023 was 1,532 Mil.

OUTsurance Group's quarterly shares outstanding increased from Dec. 2022 (1,532 Mil) to Jun. 2023 (1,532 Mil). It means OUTsurance Group issued new shares from Dec. 2022 to Jun. 2023 .

OUTsurance Group's annual shares outstanding increased from Jun. 2022 (1,532 Mil) to Jun. 2023 (1,532 Mil). It means OUTsurance Group issued new shares from Jun. 2022 to Jun. 2023 .


OUTsurance Group Shares Outstanding (EOP) Historical Data

The historical data trend for OUTsurance Group's Shares Outstanding (EOP) 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.

OUTsurance Group Shares Outstanding (EOP) Chart

OUTsurance Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,529.63 1,528.93 1,529.28 1,531.81 1,532.41

OUTsurance Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Shares Outstanding (EOP) 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 1,529.28 1,529.47 1,531.81 1,531.81 1,532.41

Competitive Comparison of OUTsurance Group's Shares Outstanding (EOP)

For the Insurance - Diversified subindustry, OUTsurance Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OUTsurance Group's Shares Outstanding (EOP) Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, OUTsurance Group's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where OUTsurance Group's Shares Outstanding (EOP) falls into.



OUTsurance Group Shares Outstanding (EOP) 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 end of period. 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.


OUTsurance Group  (JSE:OUT) Shares Outstanding (EOP) 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.

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.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


OUTsurance Group Shares Outstanding (EOP) Related Terms

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OUTsurance Group (JSE:OUT) Business Description

Traded in Other Exchanges
N/A
Address
1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157
OUTsurance Group Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, large companies, organizations and public enterprises through investments in Discovery Limited, MMI Holdings Limited, OUTsurance Holdings Limited and RMB-SI investments proprietary Ltd. It holds a number of brands such as Discovery Health, Discovery Life, Discovery Invest, Momentum, and Ping An Health. The company earns a majority of its revenue South Africa.