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Saga Communications (Saga Communications) Shares Outstanding (Diluted Average) : 6.1 Mil (As of Dec. 2023)


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What is Saga Communications Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Saga Communications's average diluted shares outstanding for the quarter that ended in Dec. 2023 was 6.1 Mil.


Saga Communications Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Saga Communications'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.

Saga Communications Shares Outstanding (Diluted Average) Chart

Saga Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.83 5.87 5.92 5.97 6.05

Saga Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.96 6.03 6.03 6.03 6.09

Saga Communications 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.


Saga Communications  (NAS:SGA) 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.


Saga Communications Shares Outstanding (Diluted Average) Related Terms

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


Saga Communications (Saga Communications) Business Description

Traded in Other Exchanges
Address
73 Kercheval Avenue, Grosse Pointe Farms, MI, USA, 48236
Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.
Executives
Michael W Schechter director C/O TOWERVIEW LLC, 460 PARK AVENUE, NEW YORK NY 10022
Wayne Leland officer: SVP of Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Edward K. Christian Trust 10 percent owner 500 WOODWARD AVENUE, SUITE 4000, DETROIT MI 48226
Christopher Forgy officer: SVP - OPERATIONS 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Michael J. Bergner director C/O SAGA COMMUNICATIONS, INC., 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Warren S Lada officer: Senior VP - Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gregory Dean Pearce director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Catherine A Bobinski officer: VP, Contr & Chf Acctg Officer 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Marcia Lobaito officer: Senior VP and Secretary 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Samuel D Bush officer: Senior VP and CFO 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
David B Stephens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Timothy J. Clarke director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gary G Stevens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Coppedge Roy F Iii director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236

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