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TAC Infosec (NSE:TAC) Shares Outstanding (Basic Average) : 10.48 Mil (As of Sep. 2023)


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What is TAC Infosec Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. TAC Infosec's average basic shares outstanding for the quarter that ended in Sep. 2023 was 10.48 Mil.


TAC Infosec Shares Outstanding (Basic Average) Historical Data

The historical data trend for TAC Infosec'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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TAC Infosec Shares Outstanding (Basic Average) Chart

TAC Infosec Annual Data
Trend Mar21 Mar22 Mar23
Shares Outstanding (Basic Average)
10.48 10.48 10.48

TAC Infosec Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Shares Outstanding (Basic Average) 10.48 10.48 10.48 10.48

TAC Infosec 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.


TAC Infosec  (NSE:TAC) 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.


TAC Infosec Shares Outstanding (Basic Average) Related Terms

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TAC Infosec Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TAC Infosec Ltd (NSE:TAC) » Definitions » Shares Outstanding (Basic Average)
Traded in Other Exchanges
N/A
Address
CST Road, 91 Springboard, Kagalwala House, 01st Floor, C Block, 175, CST Road, Kalina, Santacruz East, Mumbai, MH, IND, 400098
TAC Infosec Ltd is engaged in the business of providing risk-based vulnerability management and assessment solutions, cybersecurity quantification, and services of Penetration testing to organizations of any scale, size, and business through the SaaS model. It offers security software products and solutions both in India and internationally. and its end customers are Banks and Financial Institutions, government regulatory bodies and departments, and large-scale enterprises (including business offices) like HDFC, Bandhan Bank, BSE, etc. Its flagship software product is ESOF (Enterprise Security in One Framework) which is a vulnerability management platform consisting of various product portfolios namely ESOF Appsec, ESOF VMP, ESOF VACA, ESOF PCI ASV, and ESOF CRQ.