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GL Brands (GL Brands) Shares Outstanding (Diluted Average) : 415.37 Mil (As of Sep. 2019)


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What is GL Brands Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. GL Brands's average diluted shares outstanding for the quarter that ended in Sep. 2019 was 415.37 Mil.


GL Brands Shares Outstanding (Diluted Average) Historical Data

The historical data trend for GL Brands'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.

GL Brands Shares Outstanding (Diluted Average) Chart

GL Brands Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial 173.90 171.86 100.29 149.20 223.19

GL Brands Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 194.70 221.40 221.40 253.28 415.37

GL Brands 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.


GL Brands  (OTCPK:GRLB) 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.


GL Brands Shares Outstanding (Diluted Average) Related Terms

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GL Brands (GL Brands) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3939 Beltline Road, Suite 350, Addison, TX, USA, 75001
GL Brands Inc is a hemp consumer packaged goods company. It is engaged in the development and commercialization of a portfolio of brands that market and sell responsibly produced cannabinoid-rich products for health and well-being. The firm's portfolio of products consists of tinctures, softgels, gummies, sparkling beverages, vapes and others.
Executives
Rsgroberg Consulting Llc other: former director 1256 PANINI DRIVE, ATTN: RICHARD GROBERG, HENDERSON NV 89052
Pelosi Paul Francis Jr other: Former director 2269 CHESTNUT STREET, SAN FRANCISCO CA 94123
David Goldburg director 641 LEXINGTON AVENUE 18TH FLOOR NEW YORK NY 10020
Christopher Michael Sloan other: former COO 2755 W. PEBBLE ROAD #506 LAS VEGAS NV 89123
Joshua Martin Halford officer: CTO 5175 JERRY TARKANIAN WAY #16303 LAS VEGAS NV 89148
Raymond P Medeiros director 3571 E. SUNSET ROAD, SUITE 420 LAS VEGAS NV 89120
Clifford J Perry director, 10 percent owner, officer: CEO, CFO 3571 E. SUNSET ROAD, SUITE 420 LAS VEGAS NV 89120
Richard C. Cowan director, 10 percent owner 1300 DOVE STREET #215 NEWPORT BEACH CA 92660

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