Genmin (ASX:GEN) Shares Outstanding (Diluted Average) : 507.14 Mil (As of Jun. 2023)

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What is Genmin Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Genmin's average diluted shares outstanding for the quarter that ended in Jun. 2023 was 507.14 Mil.

Genmin Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Genmin'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.

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Genmin Shares Outstanding (Diluted Average) Chart

Genmin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Shares Outstanding (Diluted Average)

337.27

431.74

459.70

507.22

Genmin Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Shares Outstanding (Diluted Average)	Get a 7-Day Free Trial			454.42	455.55	463.85	507.14	507.30

Genmin 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.

Genmin (ASX:GEN) 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.

Genmin Shares Outstanding (Diluted Average) Related Terms

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Genmin (ASX:GEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Genmin Ltd (ASX:GEN) » Definitions » Shares Outstanding (Diluted Average)

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Suite 3, Level 8,, London House, Perth, WA, AUS, 6000

Website

https://www.genmingroup.com

Genmin Ltd is an iron ore exploration and development company with a pipeline of projects in Gabon. The company has six exploration licenses in Gabon, covering three projects. Its project includes Baniaka; Bakoumba and Minvoul/Bitam. The company's operating segments include Gabon Exploration and Corporate.