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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lazard Growth Acquisition I's average basic shares outstanding for the quarter that ended in Sep. 2022 was 0.00 Mil.
The historical data trend for Lazard Growth Acquisition I'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.
Lazard Growth Acquisition I Annual Data | |||||
Trend | Dec20 | Dec21 | |||
Shares Outstanding (Basic Average) | - | - |
Lazard Growth Acquisition I Quarterly Data | ||||||||
Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
Shares Outstanding (Basic Average) | Get a 7-Day Free Trial | - | - | - | - | - |
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.
Lazard Growth Acquisition I (NAS:LGACU) 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.
Thank you for viewing the detailed overview of Lazard Growth Acquisition I's Shares Outstanding (Basic Average) provided by GuruFocus.com. Please click on the following links to see related term pages.
Philip A Hadley | director | FACTSET RESEARCH SYSTEMS, ONE GREENWICH PLAZA, GREENWICH CT 06830 |
Alexander F. Stern | director, officer: EXECUTIVE CHAIRMAN | C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020 |
Adam T. Berlew | director | 501 NORTH BROADWAY, ST. LOUIS MO 63102 |
Selina Tobaccowala | director | C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101 |
Noreen Henig | director | C/O KEZAR LIFE SCIENCES, INC., 4000 SHORELINE COURT, SUITE 300, SOUTH SAN FRANCISCO CA 94080 |
Lazard Ltd | director, 10 percent owner | CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM II |
Lazard Group Llc | director, 10 percent owner | 30 ROCKEFELLER PLAZA, NEW YORK NY 10020 |
Eyal Ofir | director, officer: CHIEF EXECUTIVE OFFICER | 181 EDWARDS STREET, NEW HAVEN CT 06511 |
Pierre-yves Cros | director | C/O LAZARD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112 |
Lgaco 1 Llc | director, 10 percent owner | 30 ROCKEFELLER PLAZA, NEW YORK NY 10112 |
Mary Ann Deignan | director, officer: CHIEF FINANCIAL OFFICER | 30 ROCKEFELLER CENTER, LAZARD FRERES, NEW YORK NY 10112 |
Lga Holdco Llc | director, 10 percent owner | 30 ROCKEFELLER PLAZA, NEW YORK NY 10112 |
From GuruFocus
By Business Wire Business Wire • 02-09-2023
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