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LUMN (Lumen Technologies) Shares Outstanding (EOP) : 1,015 Mil (As of Sep. 2024)


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What is Lumen Technologies Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lumen Technologies's shares outstanding for the quarter that ended in Sep. 2024 was 1,015 Mil.

Lumen Technologies's quarterly shares outstanding declined from Jun. 2024 (1,016 Mil) to Sep. 2024 (1,015 Mil). It means Lumen Technologies bought back shares from Jun. 2024 to Sep. 2024 .

Lumen Technologies's annual shares outstanding increased from Dec. 2022 (1,002 Mil) to Dec. 2023 (1,008 Mil). It means Lumen Technologies issued new shares from Dec. 2022 to Dec. 2023 .


Lumen Technologies Shares Outstanding (EOP) Historical Data

The historical data trend for Lumen Technologies'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.

* Premium members only.

Lumen Technologies Shares Outstanding (EOP) Chart

Lumen Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,090.06 1,096.92 1,023.51 1,001.69 1,008.49

Lumen Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,008.93 1,008.49 1,015.97 1,016.19 1,014.85

Competitive Comparison of Lumen Technologies's Shares Outstanding (EOP)

For the Telecom Services subindustry, Lumen Technologies'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.


Lumen Technologies's Shares Outstanding (EOP) Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Lumen Technologies's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Lumen Technologies's Shares Outstanding (EOP) falls into.



Lumen Technologies 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.


Lumen Technologies  (NYSE:LUMN) 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.


Lumen Technologies Shares Outstanding (EOP) Related Terms

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


Lumen Technologies Business Description

Address
100 CenturyLink Drive, Monroe, LA, USA, 71203
With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.
Executives
James Fowler director 100 CENTURYLINK DRIVE, MONROE LA 71203
Kathleen E Johnson director, officer: President & CEO 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
T Michael Glenn director 942 S SHADY GROVE RD, MEMPHIS TN 38120
Christopher Stansbury officer: EVP and CFO C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Ashley Haynes-gaspar officer: EVP and Customer Exp Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Laurie Siegel director C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Scott Trezise officer: EVP, Human Resources 100 CENTURYLINK DRIVE, MONROE LA 71203
Shaun C Andrews officer: Exec VP & Chief Mktg Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Sham Chotai officer: EVP, Product and IT 10201 TORRE AVENUE, SUITE 350, CUPERTINO CA 95014
Michael James Roberts director ONE MCDONALD'S PLAZA, OAK BROOK IL 60523
Steven T Clontz director 781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002