GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Happy Town Holdings Inc (OTCPK:HPTN) » Definitions » Shares Outstanding (Diluted Average)

Happy Town Holdings (Happy Town Holdings) Shares Outstanding (Diluted Average) : 26.81 Mil (As of Mar. 2013)


View and export this data going back to 2012. Start your Free Trial

What is Happy Town Holdings Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Happy Town Holdings's average diluted shares outstanding for the quarter that ended in Mar. 2013 was 26.81 Mil.


Happy Town Holdings Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Happy Town Holdings'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.

Happy Town Holdings Shares Outstanding (Diluted Average) Chart

Happy Town Holdings Annual Data
Trend Feb12
Shares Outstanding (Diluted Average)
28.00

Happy Town Holdings Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Mar13
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial 28.00 28.00 28.00 29.27 26.81

Happy Town Holdings 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.


Happy Town Holdings  (OTCPK:HPTN) 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.


Happy Town Holdings Shares Outstanding (Diluted Average) Related Terms

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


Happy Town Holdings (Happy Town Holdings) Business Description

Traded in Other Exchanges
N/A
Address
42 Broadway, New York, NY, USA, 10004
Happy Town Holdings Inc is a health and wellness company. The company is focused on developing or acquiring natural-based solutions to promote better health. It is engaged in researching new investment opportunities in the health and wellness sector.