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PREC (Prestige Cars International) Shares Outstanding (Basic Average) : 0.00 Mil (As of Sep. 2023)


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What is Prestige Cars International Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Prestige Cars International's average basic shares outstanding for the quarter that ended in Sep. 2023 was 0.00 Mil.


Prestige Cars International Shares Outstanding (Basic Average) Historical Data

The historical data trend for Prestige Cars International'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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Prestige Cars International Shares Outstanding (Basic Average) Chart

Prestige Cars International Annual Data
Trend
Shares Outstanding (Basic Average)

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Shares Outstanding (Basic Average) - -

Prestige Cars International 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.


Prestige Cars International  (OTCPK:PREC) 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.


Prestige Cars International Shares Outstanding (Basic Average) Related Terms

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Prestige Cars International Business Description

Traded in Other Exchanges
N/A
Address
756 North West 27th Avenue, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles and their parts world wide. The business of the company is conducted through its showroom and via the internet. The company services and repairs Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rover.

Prestige Cars International Headlines

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