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ECN Capital (TSX:ECN) Shares Outstanding (Basic Average) : 281.1 Mil (As of Sep. 2024)


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What is ECN Capital Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ECN Capital's average basic shares outstanding for the quarter that ended in Sep. 2024 was 281.1 Mil.


ECN Capital Shares Outstanding (Basic Average) Historical Data

The historical data trend for ECN Capital'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.

ECN Capital Shares Outstanding (Basic Average) Chart

ECN Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.57 242.31 243.73 246.50 254.70

ECN Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 247.01 280.69 279.95 281.01 281.12

ECN Capital 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.


ECN Capital  (TSX:ECN) 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.


ECN Capital Shares Outstanding (Basic Average) Related Terms

Thank you for viewing the detailed overview of ECN Capital's Shares Outstanding (Basic Average) provided by GuruFocus.com. Please click on the following links to see related term pages.


ECN Capital Business Description

Industry
Traded in Other Exchanges
Address
199 Bay Street, Suite 4000, Commerce Court West, Toronto, ON, CAN, M5L1A9
ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance. It generates the majority Manufactured Housing Finance segment.
Executives
Steven Kenneth Hudson Director, Senior Officer
Paul James Stoyan Director
William Wayne Lovatt Director
John Phillip Menard Senior Officer
Carol Elizabeth Goldman Director
Karen Lynne Martin Director
Michael Mccormack Senior Officer
Scott William Shaw Senior Officer
Michael Shane Lepore Senior Officer
Algis Vaitonis Senior Officer
James Barry Senior Officer
Mary Beth Koenig Senior Officer
David Dyson Morris Director
Kyle Francesco Morabito Senior Officer

ECN Capital Headlines

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