KLG (WK Kellogg Co) Shares Outstanding (Basic Average) : 86 Mil (As of Jun. 2024)

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What is WK Kellogg Co Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. WK Kellogg Co's average basic shares outstanding for the quarter that ended in Jun. 2024 was 86 Mil.

WK Kellogg Co Shares Outstanding (Basic Average) Historical Data

The historical data trend for WK Kellogg Co's Shares Outstanding (Basic 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.

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WK Kellogg Co Shares Outstanding (Basic Average) Chart

WK Kellogg Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Shares Outstanding (Basic Average)

86.00

85.94

WK Kellogg Co Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Shares Outstanding (Basic Average)	Get a 7-Day Free Trial							85.60	86.00	85.75	86.00	86.00

WK Kellogg Co Shares Outstanding (Basic 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.

WK Kellogg Co (NYSE:KLG) Shares Outstanding (Basic 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.

WK Kellogg Co Shares Outstanding (Basic Average) Related Terms

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WK Kellogg Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WK Kellogg Co (NYSE:KLG) » Definitions » Shares Outstanding (Basic Average)

Comparable Companies

Traded in Other Exchanges

KU9:Germany

Address

One Kellogg Square, Battle Creek, MI, USA, 49016-3599

Website

https://www.wkkellogg.com

WK Kellogg is the second-largest cereal manufacturer in North America. Its cereal brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. The company was spun off from the former Kellogg business, now known as Kellanova, where the former firm's global snacks portfolio and international cereal brands are now housed. WK Kellogg, which began trading independently in October 2023, generates the bulk of its sales (about 88% of its fiscal 2023 base) from the US.

Executives

Ramon Murguia	director	ONE MICHIGAN AVENUE EAST, BATTLE CREEK MI 49017-4058
Sherry Brice	officer: Chief Supply Chain Officer	C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Norma Barnes-euresti	director	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
David Mckinstray	officer: Chief Financial Officer	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Doug Vandevelde	officer: Chief Growth Officer	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Gary H Pilnick	director, officer: President
Bruce Alan Brown	officer: Chief Customer Officer	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Michael Corbo	director	C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Mindy Sherwood	director	C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Julio N Nemeth	director	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
R David Banyard	director	MYERS INDUSTRIES INC., 1293 SOUTH MAIN STREET, AKRON OH 44301
Kellogg W K Foundation Trust	10 percent owner	50 S. LA SALLE ST., B-10, CHICAGO IL 60603
Kellogg W K Foundation	10 percent owner
G Zachary Gund	director	14 NASSAU STREET, PRINETON NJ 08542
Ellanova	10 percent owner	412 N WELLS ST, CHICAGO IL 60654