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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ignyte Acquisition's shares outstanding for the quarter that ended in Jun. 2022 was 7.29 Mil.
Ignyte Acquisition's quarterly shares outstanding stayed the same from Mar. 2022 (7.29 Mil) to Jun. 2022 (7.29 Mil).
Ignyte Acquisition's annual shares outstanding stayed the same from Dec. 2020 (7.29 Mil) to Dec. 2021 (7.29 Mil).
The historical data trend for Ignyte Acquisition's Shares Outstanding (EOP) 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.
Ignyte Acquisition Annual Data | |||||
Trend | Dec20 | Dec21 | |||
Shares Outstanding (EOP) | 7.29 | 7.29 |
Ignyte Acquisition Quarterly Data | ||||||||
Nov20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | ||
Shares Outstanding (EOP) | Get a 7-Day Free Trial | 7.29 | 7.29 | 7.29 | 7.29 | 7.29 |
For the Shell Companies subindustry, Ignyte Acquisition's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Diversified Financial Services industry and Financial Services sector, Ignyte Acquisition's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Ignyte Acquisition's Shares Outstanding (EOP) falls into.
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 end of period. 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.
Ignyte Acquisition (NAS:IGNY) Shares Outstanding (EOP) 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.
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.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Ignyte Acquisition's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.
Richard J Rosenstock | director | C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714 |
Cheryl Cohen | director | C/O MEDIVATION, INC., 201 SPEAR ST., 3RD FLOOR, SAN FRANCISCO CA 94105 |
Charles Wilson | director | C/O UNUM THERAPEUTICS, 200 CAMBRIDGEPARK DR., STE. 3100, CAMBRIDGE MA 02140 |
Ignyte Sponsor Llc | 10 percent owner | 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019 |
David I. Rosenberg | director, 10 percent owner, officer: Co-Chief Executive Officer | C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019 |
John Andrew Boockvar | director | C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019 |
David J. Strupp | director, 10 percent owner, officer: Co-Chief Executive Officer | 107 DUNNING ROAD, NEW CANAAN CT 06840 |
Steven Neil Kaplan | director, officer: Chief Financial Officer | C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019 |
Deerfield Management Company, L.p. (series C) | 10 percent owner, other: Possible Member of 10% Group | 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010 |
Deerfield Mgmt L.p. | 10 percent owner, other: Possible Member of 10% Group | 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
Deerfield Partners, L.p. | 10 percent owner, other: Possible Member of 10% Group | 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010 |
James E Flynn | 10 percent owner, other: Possible Member of 10% Group | 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
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