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GLE (Global Engine Group Holding) Shares Outstanding (Basic Average) : 18.00 Mil (As of Dec. 2023)


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What is Global Engine Group Holding Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Global Engine Group Holding's average basic shares outstanding for the quarter that ended in Dec. 2023 was 18.00 Mil.

Global Engine Group Holding Shares Outstanding (Basic Average) Historical Data

The historical data trend for Global Engine Group Holding'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.

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Global Engine Group Holding Shares Outstanding (Basic Average) Chart

Global Engine Group Holding Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Shares Outstanding (Basic Average)
18.00 18.00 18.00 18.00

Global Engine Group Holding Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 18.00 18.00 18.00 18.00 18.00

Global Engine Group Holding 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.

Global Engine Group Holding  (NAS:GLE) 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.

Global Engine Group Holding Shares Outstanding (Basic Average) Related Terms

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Global Engine Group Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Engine Group Holding Ltd (NAS:GLE) » Definitions » Shares Outstanding (Basic Average)
Comparable Companies
Traded in Other Exchanges
N/A
Address
95 How Ming Street,, Room C, 19th Floor, World Tech Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.globalengine.com.hk
Global Engine Group Holding Ltd offers integrated solutions by using ICT solutions to drive business outcomes and innovation. It serves primarily as a holding company for its operating subsidiary, Global Engine Limited. Its service offerings comprise services to telecom operators, including the one-stop shop purchase from telecom license application service to turnkey network setup as well as service outsourcing; business planning, development, technical and operations consulting programs structured to target the cloud computing and data center providers; system design, planning, development and operation services to technology companies; cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service.