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Tan Delta Systems (LSE:TAND) Shares Outstanding (Diluted Average) : 73.22 Mil (As of Jun. 2024)


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What is Tan Delta Systems Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tan Delta Systems's average diluted shares outstanding for the quarter that ended in Jun. 2024 was 73.22 Mil.


Tan Delta Systems Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Tan Delta Systems'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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Tan Delta Systems Shares Outstanding (Diluted Average) Chart

Tan Delta Systems Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
73.22 73.22 73.22 58.80

Tan Delta Systems Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial 73.22 73.22 73.22 73.22 73.22

Tan Delta Systems 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.


Tan Delta Systems  (LSE:TAND) 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.


Tan Delta Systems Shares Outstanding (Diluted Average) Related Terms

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Tan Delta Systems Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tan Delta Systems PLC (LSE:TAND) » Definitions » Shares Outstanding (Diluted Average)
Traded in Other Exchanges
N/A
Address
Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG
Tan Delta Systems PLC develops real-time oil analysis and analytic technologies and products with capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency, and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company generates a majority of its revenue from the United Kingdom followed by Europe and the rest of the world. Its products include Sensors, Kits, Display solutions, Gateways & modems, and Accessories & services.

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