Zambia Sugar (LUS:ZSUG) Shares Outstanding (Diluted Average): 317 Mil (As of Feb. 2026)

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LUS:ZSUG Zambia Sugar PLC LUS:ZSUG
25 GF Score
Price ZMW69.97
! 1 Warning Sign
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What is Zambia Sugar Shares Outstanding (Diluted Average)?

Zambia Sugar LUS:ZSUG 25 Shares Outstanding (Diluted Average) is 317 Mil as of Feb. 2026. GuruFocus rates LUS:ZSUG with a GF Score™ of 25/100. The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Zambia Sugar's average diluted shares outstanding for the quarter that ended in Feb. 2026 was 317 Mil.

Zambia Sugar  (LUS:ZSUG) 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.

Zambia Sugar Shares Outstanding (Diluted Average) Related Terms

Zambia Sugar Shares Outstanding (Diluted Average) Historical Data

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The historical data trend for Zambia Sugar'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.

Zambia Sugar Shares Outstanding (Diluted Average) Chart

Zambia Sugar Annual Data
Trend Mar16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 316.57 316.57 316.57 316.57 316.57

Zambia Sugar Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Feb25 Aug25 Feb26
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 316.57 316.57 316.57 316.57 316.57
LUS:ZSUG
25GF Score
Zambia Sugar PLC LUS:ZSUG
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Zambia Sugar 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.

What does a Shares Outstanding (Diluted Average) of 317 Mil mean?
Zambia Sugar (LUS:ZSUG) has a Shares Outstanding (Diluted Average) of 317 Mil as of Feb. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Zambia Sugar and its competitors.
Is Zambia Sugar's Shares Outstanding (Diluted Average) too high?
Zambia Sugar's current Shares Outstanding (Diluted Average) is 317 Mil. Overall, Zambia Sugar has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Zambia Sugar's Shares Outstanding (Diluted Average) compare to ?
Zambia Sugar's Shares Outstanding (Diluted Average) of 317 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for a Consumer Packaged Goods company?
A good Shares Outstanding (Diluted Average) depends on the Consumer Packaged Goods industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Zambia Sugar and its competitors. Zambia Sugar's current Shares Outstanding (Diluted Average) is 317 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zambia Sugar stock overvalued right now?
Zambia Sugar (LUS:ZSUG) has a current Shares Outstanding (Diluted Average) of 317 Mil. The current Shares Outstanding (Diluted Average) is 317 Mil. Zambia Sugar's overall GF Score™ is 25/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Zambia Sugar (LUS:ZSUG), the current Shares Outstanding (Diluted Average) is 317 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zambia Sugar Business Description

Comparable Companies
Address Lubombo Road, Plot No. 118a, Nakambala Estate, PO Box 670240, Mazabuka, ZMB, 10101
Zambia Sugar PLC is a sugar producer based in Zambia, serving both the domestic and regional markets. Its wide range of sugar and sugar products includes direct consumption sugar enriched with Vitamin A, brown and household refined sugar, sugar for industrial customers, syrups, speciality sugars, and molasses sold as animal feed for both the local and export markets. These products are marketed under the Whitespoon brand. The group is comprised of the following business segments: Sugar Production, which generates the majority of its revenue, and Cane Growing. Geographically, it generates maximum revenue from Zambia, followed by Congo, Kenya, South Africa, and other markets.
25GF Score

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Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ZMW69.97
Price