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Avnet (AVT) Shares Outstanding (Basic Average)

: 90 Mil (As of Dec. 2023)
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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Avnet's average basic shares outstanding for the quarter that ended in Dec. 2023 was 90 Mil.


Avnet Shares Outstanding (Basic Average) Historical Data

The historical data trend for Avnet's Shares Outstanding (Basic 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.

Avnet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shares Outstanding (Basic Average)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.82 100.47 99.26 98.66 92.04

Avnet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shares Outstanding (Basic Average) 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 Premium Member Only Premium Member Only Premium Member Only 91.19 91.44 91.49 91.50 90.25

Avnet Shares Outstanding (Basic 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.


Avnet  (NAS:AVT) Shares Outstanding (Basic 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.


Avnet Shares Outstanding (Basic Average) Related Terms

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


Avnet (AVT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avnet Inc (NAS:AVT) » Definitions » Shares Outstanding (Basic Average)
Traded in Other Exchanges
N/A
Address
2211 South 47th Street, Phoenix, AZ, USA, 85034
Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.
Executives
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Philip R Gallagher officer: Senior Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Rebeca Obregon-jimenez officer: SVP 3748 E MARE COURT, PHOENIX AZ 85044
Thomas Liguori officer: Chief Financial Officer ADVANCED ENERGY INDUSTRIES, INC., 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
William H Schumann director 200 E RANDOLPH DRIVE, CHICAGO IL 60601
Elizabeth Mcmullen officer: Global VP - Operations 2211 S 47TH ST, PHOENIX AZ 85034
Ernest E Maddock director LAM RESEARCH, 4650 CUSHING PARKWAY, FREMONT CA 94538
Kenneth A Jacobson officer: Interim CFO 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Leng Jin Chan officer: CIO 2211 S 47TH ST, PHOENIX AZ 85034
Dayna Badhorn officer: Global VP, Strategic Planning 2211 S 47TH ST, PHOENIX AZ 85034
Oleg Khaykin director
Maryann G. Miller officer: Sr. Vice President C/O AVNET, INC., 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Michael Ryan Mccoy officer: SVP, General Counsel 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Carlo Bozotti director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022

Avnet (AVT) Headlines

From GuruFocus

Avnet Declares Regular Quarterly Dividend

By Business Wire 11-16-2023

Avnet to Report Second Quarter Fiscal Year 2023 Earnings on February 1

By Business Wire Business Wire 01-18-2023

This Insider Just Sold Shares of Avnet Inc

By GuruFocus Research GuruFocus Editor 05-18-2023

Avnet Announces CFO Transition

By Business Wire Business Wire 07-11-2022

Avnet Increases Quarterly Dividend by 7%

By Business Wire 08-29-2023