Conduit Capital (JSE:CND) Shares Outstanding (Basic Average): 688 Mil (As of Jun. 2022)

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What is Conduit Capital Shares Outstanding (Basic Average)?

Conduit Capital JSE:CND Shares Outstanding (Basic Average) is 688 Mil as of Jun. 2022.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Conduit Capital's average basic shares outstanding for the quarter that ended in Jun. 2022 was 688 Mil.

Conduit Capital  (JSE:CND) 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.

Conduit Capital Shares Outstanding (Basic Average) Related Terms

Conduit Capital Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Conduit Capital'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.

Conduit Capital Shares Outstanding (Basic Average) Chart

Conduit Capital Annual Data
Trend Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 635.67 702.10 705.08 690.02 688.28

Conduit Capital Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 708.21 691.74 688.30 688.28 688.28

Conduit Capital 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.

What does a Shares Outstanding (Basic Average) of 688 Mil mean?
Conduit Capital (JSE:CND) has a Shares Outstanding (Basic Average) of 688 Mil as of Jun. 2022. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Conduit Capital and its competitors.
Is Conduit Capital's Shares Outstanding (Basic Average) too high?
Conduit Capital's current Shares Outstanding (Basic Average) is 688 Mil.
How does Conduit Capital's Shares Outstanding (Basic Average) compare to BRK.A and AIG?
Conduit Capital's Shares Outstanding (Basic Average) of 688 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Insurance company?
A good Shares Outstanding (Basic Average) depends on the Insurance industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Conduit Capital and its competitors. Conduit Capital's current Shares Outstanding (Basic Average) is 688 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conduit Capital stock overvalued right now?
Conduit Capital (JSE:CND) has a current Shares Outstanding (Basic Average) of 688 Mil. The current Shares Outstanding (Basic Average) is 688 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Conduit Capital (JSE:CND), the current Shares Outstanding (Basic Average) is 688 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conduit Capital Business Description

Address 67 Carlisle Street, Paardeneiland, Cape Town, WC, ZAF, 7405
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. The company serves in two segments: Insurance and Risk, and Investment. The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, Motor, and others.