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Laugfs Gas (COL:LGL.N0000) Shares Outstanding (Diluted Average)

: 386 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. Laugfs Gas's average diluted shares outstanding for the quarter that ended in Dec. 2023 was 386 Mil.


Laugfs Gas Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Laugfs Gas'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.

Laugfs Gas Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shares Outstanding (Diluted Average)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 387.00 387.00 387.00 387.00 387.00

Laugfs Gas 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) 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 Premium Member Only Premium Member Only Premium Member Only 387.16 387.37 386.16 387.50 386.33

Laugfs Gas 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.


Laugfs Gas  (COL:LGL.N0000) 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.


Laugfs Gas Shares Outstanding (Diluted Average) Related Terms

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Laugfs Gas (COL:LGL.N0000) Business Description

Industry
Traded in Other Exchanges
Address
No. 101, Maya Avenue, Colombo, LKA, 06
Laugfs Gas PLC is engaged in the sale of liquefied petroleum gas. The company offers LPG for industrial, commercial and domestic purposes in Sri Lanka. It operates through the following business segments: Energy, Property, and Transportation & Logistics segment. It generates the majority of revenue from the Energy segment. The energy segment includes the Selling of Liquefied Petroleum Gas and other related products. The property segment includes the Operation of a commercial property given on rent at Kirullapone. Transportation & Logistics segment includes the Operation of vessels and providing marine cargo services and the Operation of an LPG storage terminal. Geographically it operates in Sri Lanka and Bangladesh, out of which the majority is from Sri Lanka.

Laugfs Gas (COL:LGL.N0000) Headlines

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