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CNTM (ConnectM Technology Solutions) Shares Outstanding (Basic Average) : 20.17 Mil (As of Sep. 2024)


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What is ConnectM Technology Solutions Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ConnectM Technology Solutions's average basic shares outstanding for the quarter that ended in Sep. 2024 was 20.17 Mil.


ConnectM Technology Solutions Shares Outstanding (Basic Average) Historical Data

The historical data trend for ConnectM Technology Solutions'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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ConnectM Technology Solutions Shares Outstanding (Basic Average) Chart

ConnectM Technology Solutions Annual Data
Trend Dec21 Dec22
Shares Outstanding (Basic Average)
19.73 19.73

ConnectM Technology Solutions Quarterly Data
Dec21 Dec22 Jun23 Sep23 Mar24 Jun24 Sep24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 19.73 19.73 19.73 19.73 20.17

ConnectM Technology Solutions 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.


ConnectM Technology Solutions  (NAS:CNTM) 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.


ConnectM Technology Solutions Shares Outstanding (Basic Average) Related Terms

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ConnectM Technology Solutions Business Description

Traded in Other Exchanges
N/A
Address
2 Mount Royal Avenue, Suite 550, Marlborough, MA, USA, 01752
ConnectM Technology Solutions Inc is a clean energy technology and solutions provider. The company provides residential and light commercial buildings and all-electric original equipment manufacturers (OEMs) with a proprietary digital platform to accelerate the transition to solar and all-electric heating, cooling and transportation. The group makes electrification more user-friendly, affordable, precise, and socially meaningful by combining technology, data, artificial intelligence, and contemporary design. In addition to its vertically integrated service network, ConnectM offers customers a comprehensive technology stack that enables them to reduce their fossil fuel consumption, lower their energy bills, and decrease their carbon footprint.