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Sumas Suni Tahta VE Mobilyanayi AS (IST:SUMAS) Shares Outstanding (Basic Average) : 6.2 Mil (As of Jun. 2024)


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What is Sumas Suni Tahta VE Mobilyanayi AS Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sumas Suni Tahta VE Mobilyanayi AS's average basic shares outstanding for the quarter that ended in Jun. 2024 was 6.2 Mil.


Sumas Suni Tahta VE Mobilyanayi AS Shares Outstanding (Basic Average) Historical Data

The historical data trend for Sumas Suni Tahta VE Mobilyanayi AS'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.

* Premium members only.

Sumas Suni Tahta VE Mobilyanayi AS Shares Outstanding (Basic Average) Chart

Sumas Suni Tahta VE Mobilyanayi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 6.22 6.22 6.22 6.22 6.22

Sumas Suni Tahta VE Mobilyanayi AS Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.22 6.22 6.22 6.22 6.22

Sumas Suni Tahta VE Mobilyanayi AS 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.


Sumas Suni Tahta VE Mobilyanayi AS  (IST:SUMAS) 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.


Sumas Suni Tahta VE Mobilyanayi AS Shares Outstanding (Basic Average) Related Terms

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Sumas Suni Tahta VE Mobilyanayi AS Business Description

Traded in Other Exchanges
N/A
Address
Yoloren Village, Edremite, Balikesir, TUR
Sumas Suni Tahta VE Mobilya Sanayi AS is engaged in the manufacture of paper. The company produces water-resistant green board and fire-resistant chipboard products. Its product is used in roofing, shingle underlay, flooring, construction of nurse resistant, flat and insulated surfaces, and shop construction and decoration and others.

Sumas Suni Tahta VE Mobilyanayi AS Headlines

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