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Fortress Value Acquisition (Fortress Value Acquisition) Shares Outstanding (Basic Average) : 43.13 Mil (As of Sep. 2020)


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What is Fortress Value Acquisition Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Fortress Value Acquisition's average basic shares outstanding for the quarter that ended in Sep. 2020 was 43.13 Mil.

Fortress Value Acquisition Shares Outstanding (Basic Average) Historical Data

The historical data trend for Fortress Value Acquisition'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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Fortress Value Acquisition Shares Outstanding (Basic Average) Chart

Fortress Value Acquisition Annual Data
Trend
Shares Outstanding (Basic Average)

Fortress Value Acquisition Quarterly Data
Jan20 Jun20 Sep20
Shares Outstanding (Basic Average) - 43.13 43.13

Fortress Value Acquisition 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.

Fortress Value Acquisition  (NYSE:FVAC) 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.

Fortress Value Acquisition Shares Outstanding (Basic Average) Related Terms

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Fortress Value Acquisition (Fortress Value Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortress Value Acquisition Corp (NYSE:FVAC) » Definitions » Shares Outstanding (Basic Average)
Comparable Companies
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105
Website
https://www.fortressvalueac.com
Fortress Value Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses that the company has not yet identified.