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CENTR Brands (XCNQ:CNTR) Shares Outstanding (Diluted Average) : 115.80 Mil (As of May. 2024)


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What is CENTR Brands Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CENTR Brands's average diluted shares outstanding for the quarter that ended in May. 2024 was 115.80 Mil.


CENTR Brands Shares Outstanding (Diluted Average) Historical Data

The historical data trend for CENTR Brands'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.

CENTR Brands Shares Outstanding (Diluted Average) Chart

CENTR Brands Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.54 66.08 79.72 81.14 115.77

CENTR Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24 May24
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 106.83 115.67 115.73 115.80 115.80

CENTR Brands 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.


CENTR Brands  (XCNQ:CNTR) 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.


CENTR Brands Shares Outstanding (Diluted Average) Related Terms

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CENTR Brands Business Description

Industry
Traded in Other Exchanges
Address
2318 Oak Street, Suite 100, Vancouver, BC, CAN, V6H 4J1
CENTR Brands Corp is a Canada-based company involved in the development and marketing of beverages infused with hemp-derived extracts and derivatives. It is focused on the creation and launch of the brand for the cannabidiol (CBD) infused beverage industry. The company's first product, CENTR, is a sparkling, low-calorie, CBD beverage.
Executives
Arjan Jagiit Chima Director, Senior Officer
David Lyall 10% Security Holder
Paul Francis Meehan 10% Security Holder
R W Campbell Becher Director
David Thomas Young Director, Senior Officer

CENTR Brands Headlines

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