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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Allied's average diluted shares outstanding for the quarter that ended in Nov. 2024 was 113.44 Mil.
The historical data trend for Allied'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.
Allied Annual Data | ||||||||||||||||
Trend | Mar18 | Mar19 | Aug20 | Aug21 | Aug22 | Aug23 | Aug24 | |||||||||
Shares Outstanding (Diluted Average) | Get a 7-Day Free Trial | 80.75 | 80.39 | 92.10 | 96.80 | 105.64 |
Allied Quarterly Data | ||||||||||||||||||||
Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | Nov24 | |
Shares Outstanding (Diluted Average) | Get a 7-Day Free Trial | 102.86 | 105.79 | 106.39 | 107.75 | 113.44 |
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.
Allied (OTCPK:ALID) 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.
Thank you for viewing the detailed overview of Allied's Shares Outstanding (Diluted Average) provided by GuruFocus.com. Please click on the following links to see related term pages.
James George Robinson | director, 10 percent owner | 10 EAST LEE STREET, SUITE 2705, BALTIMORE MD 21202 |
Anthony Zelen | director, 10 percent owner | 1406 MINE HILL LANE, KELOWNA A1 V1P 1S5 |
Calum Hughes | director, 10 percent owner, officer: Chief Executive Officer | 1847 CROSSGLEN COURT, KELOWNA A1 V1V 1S4 |
David Weinkauf | director, 10 percent owner, officer: Chief Business Development Off | 192 SIERRA MORENA LANDING, SW CALGARY A0 T3H 4K4 |
Paul James Bullock | director, 10 percent owner, officer: Chief Operating Officer | 1400 ST PAUL ST, SUITE 201, KELOWNA Z4 V1Y9N2 |
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