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AAGR (African Agriculture Holdings) Shares Outstanding (Basic Average) : 57.56 Mil (As of Mar. 2024)


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What is African Agriculture Holdings Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. African Agriculture Holdings's average basic shares outstanding for the quarter that ended in Mar. 2024 was 57.56 Mil.


African Agriculture Holdings Shares Outstanding (Basic Average) Historical Data

The historical data trend for African Agriculture Holdings's Shares Outstanding (Basic 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.

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African Agriculture Holdings Shares Outstanding (Basic Average) Chart

African Agriculture Holdings Annual Data
Trend Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
57.87 57.87 35.72

African Agriculture Holdings Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only 57.87 57.87 57.87 35.72 57.56

African Agriculture Holdings Shares Outstanding (Basic 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.


African Agriculture Holdings  (OTCPK:AAGR) Shares Outstanding (Basic 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.


African Agriculture Holdings Shares Outstanding (Basic Average) Related Terms

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African Agriculture Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
Website
African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.

African Agriculture Holdings Headlines