Vianini Lavori (MIL:VLA) Shares Outstanding (EOP) : 43.8 Mil (As of Sep. 2015)

Vianini Lavori Shares Outstanding (EOP) Chart

Vianini Lavori Annual Data
	Trend	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
Shares Outstanding (EOP)		Get a 7-Day Free Trial					43.80	43.80	43.80	43.80	43.80

Vianini Lavori Quarterly Data
	Jun10	Dec10	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Shares Outstanding (EOP)	Get a 7-Day Free Trial															43.80	43.80	43.80	43.80	43.80

Competitive Comparison of Vianini Lavori's Shares Outstanding (EOP)

For the Engineering & Construction subindustry, Vianini Lavori'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.

Vianini Lavori's Shares Outstanding (EOP) Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vianini Lavori's Shares Outstanding (EOP) distribution charts can be found below:

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

Vianini Lavori 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.

Vianini Lavori  (MIL:VLA) 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.

Vianini Lavori Shares Outstanding (EOP) Related Terms

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Vianini Lavori (MIL:VLA) Business Description