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City Cars (XTUN:CITY) Shares Outstanding (Basic Average) : 0.00 Mil (As of . 20)


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What is City Cars Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. City Cars's average basic shares outstanding for the quarter that ended in . 20 was 0.00 Mil.


City Cars Shares Outstanding (Basic Average) Historical Data

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

City Cars Annual Data
Trend
Shares Outstanding (Basic Average)

City Cars Semi-Annual Data
Shares Outstanding (Basic Average)

City Cars 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.


City Cars  (XTUN:CITY) 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.


City Cars Shares Outstanding (Basic Average) Related Terms

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City Cars Business Description

Industry
Traded in Other Exchanges
N/A
Address
31, Rue desusines ZI Kheireddine, la Goulette, Tunis, TUN
City Cars SA is a Tunisia-based company that operates in the new and used car dealers sector. The company is mainly engaged in the import, export, and marketing of transport and industrial vehicles as well as all spare parts, accessories, and in general any accessory products.

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