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Localiza Rent A Car (BSP:RENT3) Shares Outstanding (EOP) : 1,058 Mil (As of Dec. 2023)


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What is Localiza Rent A Car Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Localiza Rent A Car's shares outstanding for the quarter that ended in Dec. 2023 was 1,058 Mil.

Localiza Rent A Car's quarterly shares outstanding increased from Sep. 2023 (1,056 Mil) to Dec. 2023 (1,058 Mil). It means Localiza Rent A Car issued new shares from Sep. 2023 to Dec. 2023 .

Localiza Rent A Car's annual shares outstanding increased from Dec. 2022 (983 Mil) to Dec. 2023 (1,058 Mil). It means Localiza Rent A Car issued new shares from Dec. 2022 to Dec. 2023 .


Localiza Rent A Car Shares Outstanding (EOP) Historical Data

The historical data trend for Localiza Rent A Car'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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Localiza Rent A Car Shares Outstanding (EOP) Chart

Localiza Rent A Car Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 759.23 755.21 755.73 982.66 1,057.56

Localiza Rent A Car Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 982.66 986.09 1,057.41 1,055.93 1,057.56

Competitive Comparison of Localiza Rent A Car's Shares Outstanding (EOP)

For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.


Localiza Rent A Car's Shares Outstanding (EOP) Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Shares Outstanding (EOP) falls into.



Localiza Rent A Car 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.


Localiza Rent A Car  (BSP:RENT3) 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.


Localiza Rent A Car Shares Outstanding (EOP) Related Terms

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Localiza Rent A Car (BSP:RENT3) Business Description

Traded in Other Exchanges
Address
Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (BSP:RENT3) Headlines

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