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Simply Better Brands (Simply Better Brands) Shares Outstanding (Basic Average) : 72.55 Mil (As of Mar. 2024)


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What is Simply Better Brands Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Simply Better Brands's average basic shares outstanding for the quarter that ended in Mar. 2024 was 72.55 Mil.


Simply Better Brands Shares Outstanding (Basic Average) Historical Data

The historical data trend for Simply Better Brands'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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Simply Better Brands Shares Outstanding (Basic Average) Chart

Simply Better Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
21.02 63.05 22.63 42.49 72.39

Simply Better Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 56.48 71.66 71.87 72.39 72.55

Simply Better Brands 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.


Simply Better Brands  (OTCPK:SBBCF) 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.


Simply Better Brands Shares Outstanding (Basic Average) Related Terms

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Simply Better Brands (Simply Better Brands) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
Simply Better Brands Corp is promoting healthy and active lifestyles. In addition to expanding its majority-owned CBD subsidiary brand, PureKana, the company has announced strategic acquisitions in industry health, wellness, beauty, pet and lifestyle brands and companies. The Company operates in one reportable segment being the sale of consumer health and wellness products with sales principally generated from the United States.