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North American Financial 15 Split (TSX:FFN) Shares Outstanding (EOP) : 51.99 Mil (As of Nov. 2023)


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What is North American Financial 15 Split Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. North American Financial 15 Split's shares outstanding for the quarter that ended in Nov. 2023 was 51.99 Mil.

North American Financial 15 Split's quarterly shares outstanding declined from May. 2023 (55.22 Mil) to Nov. 2023 (51.99 Mil). It means North American Financial 15 Split bought back shares from May. 2023 to Nov. 2023 .

North American Financial 15 Split's annual shares outstanding declined from Nov. 2022 (52.28 Mil) to Nov. 2023 (51.99 Mil). It means North American Financial 15 Split bought back shares from Nov. 2022 to Nov. 2023 .


North American Financial 15 Split Shares Outstanding (EOP) Historical Data

The historical data trend for North American Financial 15 Split's Shares Outstanding (EOP) 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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North American Financial 15 Split Shares Outstanding (EOP) Chart

North American Financial 15 Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.57 16.55 35.71 52.28 51.99

North American Financial 15 Split Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Shares Outstanding (EOP) 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 35.71 52.09 52.28 55.22 51.99

Competitive Comparison of North American Financial 15 Split's Shares Outstanding (EOP)

For the Asset Management subindustry, North American Financial 15 Split's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


North American Financial 15 Split's Shares Outstanding (EOP) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North American Financial 15 Split's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where North American Financial 15 Split's Shares Outstanding (EOP) falls into.



North American Financial 15 Split Shares Outstanding (EOP) 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 end of period. 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.


North American Financial 15 Split  (TSX:FFN) Shares Outstanding (EOP) 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.

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.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


North American Financial 15 Split Shares Outstanding (EOP) Related Terms

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North American Financial 15 Split (TSX:FFN) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
North American Financial 15 Split Corp is an investment company. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.

North American Financial 15 Split (TSX:FFN) Headlines

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