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Al Eid Food Co (KUW:ALEID) Shares Outstanding (EOP) : 303.32 Mil (As of Jun. 2024)


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What is Al Eid Food Co Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Al Eid Food Co's shares outstanding for the quarter that ended in Jun. 2024 was 303.32 Mil.

Al Eid Food Co's quarterly shares outstanding declined from Mar. 2024 (303.32 Mil) to Jun. 2024 (303.32 Mil). It means Al Eid Food Co bought back shares from Mar. 2024 to Jun. 2024 .

Al Eid Food Co's annual shares outstanding increased from Dec. 2022 (186.17 Mil) to Dec. 2023 (303.32 Mil). It means Al Eid Food Co issued new shares from Dec. 2022 to Dec. 2023 .


Al Eid Food Co Shares Outstanding (EOP) Historical Data

The historical data trend for Al Eid Food Co'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.

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Al Eid Food Co Shares Outstanding (EOP) Chart

Al Eid Food Co Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.17 186.17 186.17 186.17 303.32

Al Eid Food Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Shares Outstanding (EOP) 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 186.17 186.17 303.32 303.32 303.32

Competitive Comparison of Al Eid Food Co's Shares Outstanding (EOP)

For the Food Distribution subindustry, Al Eid Food Co'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.


Al Eid Food Co's Shares Outstanding (EOP) Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Al Eid Food Co's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Al Eid Food Co's Shares Outstanding (EOP) falls into.



Al Eid Food Co Shares Outstanding (EOP) 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 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.


Al Eid Food Co  (KUW:ALEID) 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.


Al Eid Food Co Shares Outstanding (EOP) Related Terms

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Al Eid Food Co Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya Industrial Area, P.O. Box 41081, Building 100, Block 2, Kuwait City, KWT, 85851
Al Eid Food Co is importing, distributes, packaging, and marketing food and consumer products. It specializes in food and beverage distribution in Kuwait. Its products include Alwaha, Seara, GoldAlex, Delicio, Rahma, and Sunlite. It also provides oils, pulses, spices, rice, seafood, nuts, and meat. Operating segments of the group are distributed over the State of Kuwait, and the Gulf co-operation council, and the majority of the revenue comes from the State of Kuwait.

Al Eid Food Co Headlines

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