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Canada Jetlines Operations (NEOE:CJET) Shares Outstanding (EOP) : 157.76 Mil (As of Mar. 2024)


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What is Canada Jetlines Operations Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Canada Jetlines Operations's shares outstanding for the quarter that ended in Mar. 2024 was 157.76 Mil.

Canada Jetlines Operations's quarterly shares outstanding increased from Dec. 2023 (114.20 Mil) to Mar. 2024 (157.76 Mil). It means Canada Jetlines Operations issued new shares from Dec. 2023 to Mar. 2024 .

Canada Jetlines Operations's annual shares outstanding increased from Dec. 2022 (71.17 Mil) to Dec. 2023 (114.20 Mil). It means Canada Jetlines Operations issued new shares from Dec. 2022 to Dec. 2023 .


Canada Jetlines Operations Shares Outstanding (EOP) Historical Data

The historical data trend for Canada Jetlines Operations'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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Canada Jetlines Operations Shares Outstanding (EOP) Chart

Canada Jetlines Operations Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
33.40 33.40 50.46 71.17 114.20

Canada Jetlines Operations Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 71.40 76.38 76.43 114.20 157.76

Competitive Comparison of Canada Jetlines Operations's Shares Outstanding (EOP)

For the Airlines subindustry, Canada Jetlines Operations'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.


Canada Jetlines Operations's Shares Outstanding (EOP) Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canada Jetlines Operations's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Canada Jetlines Operations's Shares Outstanding (EOP) falls into.



Canada Jetlines Operations 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.


Canada Jetlines Operations  (NEOE:CJET) 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.


Canada Jetlines Operations Shares Outstanding (EOP) Related Terms

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Canada Jetlines Operations (NEOE:CJET) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Canada Jetlines Operations Ltd operates as a leisure carrier. The group utilizes a growing fleet of Airbus A320 aircraft that provides passengers with another choice to travel to preferred destinations within the U.S., Caribbean, and Mexico. It generates maximum revenue from charter services.