GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Bank of China Ltd (OTCPK:ACGBF) » Definitions » Shares Outstanding (Diluted Average)

Agricultural Bank of China (Agricultural Bank of China) Shares Outstanding (Diluted Average) : 370,453 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Agricultural Bank of China Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Agricultural Bank of China's average diluted shares outstanding for the quarter that ended in Mar. 2024 was 370,453 Mil.


Agricultural Bank of China Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Agricultural Bank of China's Shares Outstanding (Diluted 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.

Agricultural Bank of China Shares Outstanding (Diluted Average) Chart

Agricultural Bank of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359,488.14 365,974.58 371,050.77 375,698.55 374,105.56

Agricultural Bank of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (Diluted 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 357,770.00 362,413.78 411,788.89 365,389.50 370,452.63

Agricultural Bank of China Shares Outstanding (Diluted 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.


Agricultural Bank of China  (OTCPK:ACGBF) Shares Outstanding (Diluted 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.


Agricultural Bank of China Shares Outstanding (Diluted Average) Related Terms

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


Agricultural Bank of China (Agricultural Bank of China) Business Description

Address
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

Agricultural Bank of China (Agricultural Bank of China) Headlines

From GuruFocus

A Trio of Stocks Trading Below Their Earnings Power Values

By Alberto Abaterusso Alberto Abaterusso 02-17-2021

3 Low Shiller Price-Earnings Ratio Picks

By Alberto Abaterusso Alberto Abaterusso 11-30-2020

'Cautiously Optimistic' Matthews China Fund Buys 6 Stocks

By Holly LaFon Holly LaFon 11-04-2017