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Linea Directa Aseguradora (XMAD:LDA) Shares Outstanding (Diluted Average) : 1,087.9 Mil (As of Dec. 2023)


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What is Linea Directa Aseguradora Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Linea Directa Aseguradora's average diluted shares outstanding for the quarter that ended in Dec. 2023 was 1,087.9 Mil.


Linea Directa Aseguradora Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Linea Directa Aseguradora'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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Linea Directa Aseguradora Shares Outstanding (Diluted Average) Chart

Linea Directa Aseguradora Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
1,088.42 1,087.88 1,262.52 1,087.76

Linea Directa Aseguradora Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial 1,087.35 1,088.42 821.70 1,088.42 1,087.92

Linea Directa Aseguradora 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.


Linea Directa Aseguradora  (XMAD:LDA) 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.


Linea Directa Aseguradora Shares Outstanding (Diluted Average) Related Terms

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Linea Directa Aseguradora (XMAD:LDA) Business Description

Traded in Other Exchanges
Address
Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

Linea Directa Aseguradora (XMAD:LDA) Headlines

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