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Lancaster Colony (Lancaster Colony) Shares Outstanding (Basic Average) : 27 Mil (As of Dec. 2023)


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What is Lancaster Colony Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lancaster Colony's average basic shares outstanding for the quarter that ended in Dec. 2023 was 27 Mil.


Lancaster Colony Shares Outstanding (Basic Average) Historical Data

The historical data trend for Lancaster Colony'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.

* Premium members only.

Lancaster Colony Shares Outstanding (Basic Average) Chart

Lancaster Colony Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.44 27.45 27.48 27.45 27.46

Lancaster Colony 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) 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 27.47 27.47 27.46 27.45 27.43

Lancaster Colony 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.


Lancaster Colony  (NAS:LANC) 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.


Lancaster Colony Shares Outstanding (Basic Average) Related Terms

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


Lancaster Colony (Lancaster Colony) Business Description

Traded in Other Exchanges
Address
380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082
Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.
Executives
Knight George F. Iii director 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Zena Srivatsa Arnold director 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Luis Viso officer: Chief Supply Chain Officer 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Kristin Bird officer: President-Foodservice Division 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Carl R. Stealey officer: President-T Marzetti Retail 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
David Alan Ciesinski officer: President & COO H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
David S. Nagle officer: SVP-T Marzetti Co Supply Chain 380 POLARIS PARKWAY, WESTERVILLE OH 43082
K. Pigott Thomas officer: CFO and Asst. Secretary C/O MGP INGREDIENTS, INC., 100 COMMERCIAL STREET, ATCHISON KS 66002
Alan F Harris director
Elliot K. Fullen director 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Gerlach John B Jr director, officer: Chairman & CEO LANCASTER COLONY CORP, 37 W. BROAD ST., COLUMBUS OH 43215
Barbara L Brasier director C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Michael H Keown director P O BOX 77057, FORT WORTH TX 76177
Timothy A. Tate officer: SVP-TMarzettiFoodservice Sales 380 POLARIS PARKWAY, WESTERVILLE OH 43082
Neeli Bendapudi director FISHER COLLEGE OF BUSINESS, 556 FISHER H, 2100 NEIL AVENUE, COLUMBUS OH 43210

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