LANC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
LANC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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.
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.
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 | 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 | 27.47 | 27.47 | 27.46 | 27.45 | 27.43 |
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.
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.
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 |
From GuruFocus
By GuruFocus Research • 12-01-2023
By Business Wire • 09-20-2023
By Business Wire • 11-02-2023
By Nathan Parsh • 09-28-2022
By Business Wire • 12-19-2023
By PRNewswire PRNewswire • 08-11-2022
By PRNewswire PRNewswire • 02-02-2023
By PRNewswire PRNewswire • 08-25-2022
By Business Wire • 11-08-2023
By Business Wire Business Wire • 05-01-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.