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Nittoc Construction Co (TSE:1929) Shares Outstanding (Basic Average) : 42 Mil (As of Sep. 2024)


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What is Nittoc Construction Co Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nittoc Construction Co's average basic shares outstanding for the quarter that ended in Sep. 2024 was 42 Mil.


Nittoc Construction Co Shares Outstanding (Basic Average) Historical Data

The historical data trend for Nittoc Construction Co'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.

* Premium members only.

Nittoc Construction Co Shares Outstanding (Basic Average) Chart

Nittoc Construction Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.71 41.71 41.71 41.71 41.72

Nittoc Construction Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 41.71 41.72 41.73 41.73 41.74

Nittoc Construction Co 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.


Nittoc Construction Co  (TSE:1929) 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.


Nittoc Construction Co Shares Outstanding (Basic Average) Related Terms

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Nittoc Construction Co Business Description

Traded in Other Exchanges
N/A
Address
10-6, 3-Chome, Higashi-nihonbashi, 4th, 5th, and 6th Floors, Heiwa Higashi-Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0004
Nittoc Construction Co Ltd engages in construction and civil engineering business. It offers services in disaster prevention and environmental conservation such as vegetation and re-vegetation, river and shore embankment protection, rock slope failure prevention, temporary anchor works, and structure diagnosis; urban regeneration such as ground improvement, reinforcement works and foundation method, liquification prevention measures, piling, and anchoring; maintenance and renovation such as slope reinforcement, concrete structure upgrade, rock slope diagnosis, diagnosis and investigation and reinforcement of existing structure. In addition, the company offers construction consultancy, grouting, applied engineering, and shield, as well as survey, geological survey, and design services.

Nittoc Construction Co Headlines

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