Loews (L) Shares Outstanding (Basic Average)

: 223 Mil (As of Dec. 2023)

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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Loews's average basic shares outstanding for the quarter that ended in Dec. 2023 was 223 Mil.

Loews Shares Outstanding (Basic Average) Historical Data

The historical data trend for Loews'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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Loews Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shares Outstanding (Basic Average)

302.70

280.32

259.67

242.83

227.48

Loews Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Shares Outstanding (Basic Average)																237.61	233.30	227.69	225.64	223.37

Loews 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.

Loews (NYSE:L) 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.

Loews Shares Outstanding (Basic Average) Related Terms

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Loews (L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Loews Corp (NYSE:L) » Definitions » Shares Outstanding (Basic Average)

Comparable Companies

Traded in Other Exchanges

LTR:Germany

Address

667 Madison Avenue, New York, NY, USA, 10065-8087

Website

https://www.loews.com

Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.

Executives

Andrew H Tisch	director	667 MADISON AVE, NEW YORK NY 10021-8087
Jonathan M Tisch	director, officer: Co-Ch. of Bd/Off. of the Pres.	667 MADISON AVENUE, NEW YORK NY 10021-8087
Ann E Berman	director	255 STATE STREET, BOSTON MA 02109
Anthony Welters	director
Paul J Fribourg	director	667 MADISON AVE, NEW YORK NY 10021
Walter L Harris	director	TANENBAUM HARBER CO, 320 W 57TH STREET, NEW YORK NY 10019
Charles M Diker	director	ONE NEW YORK PLAZA, NEW YORK NY 10004
Joseph L Bower	director	667 MADISON AVE, NEW YORK NY 10021
Kenneth I Siegel	officer: Senior Vice President	667 MADISON AVENUE, NEW YORK NY 10065
Jonathan C Locker	director	C/O LOEWS CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Charles D Davidson	director	QUANTUM ENERGY PARTNERS, 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Richard Waldo Scott	officer: SVP & Chief Investment Officer	667 MADISON AVENUE, NEW YORK NY 10065
Benjamin J Tisch	officer: Sr. VP, Corp Dev and Strategy	667 MADISON AVE, NEW YORK NY 10065
Marc A Alpert	officer: Sr. VP, Gen. Coun. & Secy.	667 MADISON AVENUE, NEW YORK NY 10065
Mark S Schwartz	officer: V.P., C.A.O. and Treasurer	C/O LOEWS CORPORATION, 667 MADISON AVENUE, NEW YORK NY 10065-8087