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ACL Cables (COL:ACL.N0000) Shares Outstanding (Diluted Average) : 239 Mil (As of Dec. 2023)


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What is ACL Cables Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ACL Cables's average diluted shares outstanding for the quarter that ended in Dec. 2023 was 239 Mil.


ACL Cables Shares Outstanding (Diluted Average) Historical Data

The historical data trend for ACL Cables'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.

ACL Cables Shares Outstanding (Diluted Average) Chart

ACL Cables Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.58 239.58 239.58 239.58 239.58

ACL Cables Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 239.68 239.58 239.17 239.71 239.41

ACL Cables 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.


ACL Cables  (COL:ACL.N0000) 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.


ACL Cables Shares Outstanding (Diluted Average) Related Terms

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ACL Cables (COL:ACL.N0000) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 60, Rodney Street, Colombo, LKA, 08
ACL Cables PLC is engaged in the manufacturing of cables and conductors. The company's operating segment includes Manufacturing cables; Manufacturing Polyvinyl chloride (PVC) compound and Others. It generates maximum revenue from the Manufacturing cables segment. Geographically, it derives a majority of revenue from Sri Lanka. Some of the products include building wires, control cables, service wires, telecommunication cables, auto cables, flexible cables, switches, sockets, fans, low voltage switch series, and others.

ACL Cables (COL:ACL.N0000) Headlines

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