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TPG Telecom (ASX:TPG) Shares Outstanding (Basic Average) : 1,855 Mil (As of Jun. 2024)


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What is TPG Telecom Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. TPG Telecom's average basic shares outstanding for the quarter that ended in Jun. 2024 was 1,855 Mil.


TPG Telecom Shares Outstanding (Basic Average) Historical Data

The historical data trend for TPG Telecom'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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TPG Telecom Shares Outstanding (Basic Average) Chart

TPG Telecom Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 927.81 1,156.51 1,859.34 1,857.84 1,856.24

TPG Telecom Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Shares Outstanding (Basic Average) 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 1,858.73 1,856.95 1,856.76 1,855.72 1,855.40

TPG Telecom 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.


TPG Telecom  (ASX:TPG) 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.


TPG Telecom Shares Outstanding (Basic Average) Related Terms

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TPG Telecom Business Description

Traded in Other Exchanges
Address
Level 27, Tower Two, 200 Barangaroo Avenue, International Towers Sydney, Barangaroo, NSW, AUS, 2000
TPG Telecom is Australia's third-biggest integrated telecom services company. It offers mobile, fixed-line broadband and telephony, enterprise communications, and networking solutions. The value-led group caters to all market segments spanning consumer, small business, corporate and wholesale, and government. TPG Telecom has grown materially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G, Australia's second-largest fixed-line fibre network and submarine cable connecting Sydney to Guam, and onward to the US and Asia.