Metro Global Media (Metro Global Media) Shares Outstanding (Basic Average) : 9.20 Mil (As of Nov. 2001)

Metro Global Media Shares Outstanding (Basic Average) Chart

Metro Global Media Annual Data
	Trend	May92	May93	May94	May95	May96	May97	May98	May99	May00	May01
Shares Outstanding (Basic Average)		Get a 7-Day Free Trial					-	-	5.51	7.12	8.63

Metro Global Media Quarterly Data
	Feb97	May97	Aug97	Nov97	Feb98	May98	Aug98	Nov98	Feb99	May99	Aug99	Nov99	Feb00	May00	Aug00	Nov00	Feb01	May01	Aug01	Nov01
Shares Outstanding (Basic Average)	Get a 7-Day Free Trial															8.63	8.63	8.63	8.63	9.20

Metro Global Media 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.

Metro Global Media  (GREY:MGMA) 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.

Metro Global Media Shares Outstanding (Basic Average) Related Terms

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

Metro Global Media (Metro Global Media) Business Description