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Waddell & Reed Financial (Waddell & Reed Financial) Shares Outstanding (Basic Average) : 62 Mil (As of Mar. 2021)


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What is Waddell & Reed Financial Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Waddell & Reed Financial's average basic shares outstanding for the quarter that ended in Mar. 2021 was 62 Mil.


Waddell & Reed Financial Shares Outstanding (Basic Average) Historical Data

The historical data trend for Waddell & Reed Financial'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.

Waddell & Reed Financial Shares Outstanding (Basic Average) Chart

Waddell & Reed Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.67 83.57 80.47 73.30 64.97

Waddell & Reed Financial Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 67.68 65.49 64.24 62.51 62.49

Waddell & Reed Financial 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.


Waddell & Reed Financial  (NYSE:WDR) 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.


Waddell & Reed Financial Shares Outstanding (Basic Average) Related Terms

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


Waddell & Reed Financial (Waddell & Reed Financial) Business Description

Traded in Other Exchanges
N/A
Address
6300 Lamar Avenue, Overland Park, KS, USA, 66202
Waddell & Reed is a midsize asset manager that had $74.8 billion in assets under management at the end of 2020. The firm provides investment services for individual and institutional investors. Retail distribution, which accounts for 95% of managed assets, is handled through the company's own registered investment advisors (58% of AUM) and third-party broker/dealers and advisors (37%) in the wholesale channel. Equity-driven strategies account for an estimated 80% of total AUM, with fixed-income (18%) and money market (2%) offerings accounting for the remainder. The company has no discernible reach outside the United States.
Executives
Daniel P Hanson officer: SVP & CIO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Mark P. Buyle officer: SVP, GC, CLO and Secretary 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Shawn M. Mihal officer: SVP - Wealth Management 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Amy J. Scupham officer: SVP - Distribution 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Christopher W. Rackers officer: SVP and CAO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Benjamin R Clouse officer: SVP & CFO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley officer: VP - Chief Acct Off,IR & Treas 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Brent K Bloss officer: President 6300 LAMAR AVE OVERLAND PARK KS 66202
Philip James Sanders director, officer: CEO 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Kline Katherine M. A. director 100 PIER 1 PLACE, FORT WORTH TX 76102
Weaver Constance K director 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James A. Jessee director 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Alan W Kosloff director 6300 LAMAR AVE OVERLAND PARK KS 66202
Thomas C Godlasky director 6300 LAMAR AVENUE OVERLAND PARK KS 66202