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Eastern CoE (CAI:EAST) Shares Outstanding (EOP) : 2,230 Mil (As of Sep. 2023)


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What is Eastern CoE Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Eastern CoE's shares outstanding for the quarter that ended in Sep. 2023 was 2,230 Mil.

Eastern CoE's quarterly shares outstanding stayed the same from Mar. 2023 (2,230 Mil) to Sep. 2023 (2,230 Mil).

Eastern CoE's annual shares outstanding increased from Jun. 2021 (2,209 Mil) to Jun. 2022 (2,230 Mil). It means Eastern CoE issued new shares from Jun. 2021 to Jun. 2022 .


Eastern CoE Shares Outstanding (EOP) Historical Data

The historical data trend for Eastern CoE'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.

* Premium members only.

Eastern CoE Shares Outstanding (EOP) Chart

Eastern CoE Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,250.00 2,250.00 2,214.62 2,209.19 2,230.00

Eastern CoE Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 2,230.00 2,230.00 2,230.00 2,230.00 2,230.00

Competitive Comparison of Eastern CoE's Shares Outstanding (EOP)

For the Tobacco subindustry, Eastern CoE'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.


Eastern CoE's Shares Outstanding (EOP) Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Eastern CoE's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Eastern CoE's Shares Outstanding (EOP) falls into.



Eastern CoE 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.


Eastern CoE  (CAI:EAST) 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.


Eastern CoE Shares Outstanding (EOP) Related Terms

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Eastern CoE (CAI:EAST) Business Description

Traded in Other Exchanges
N/A
Address
Al Ahram Street, Giza, EGY, 450
Eastern Co SAE is engaged in the manufacture and trade of tobacco and its related products. Its product portfolio includes cigarettes, cigars and pipe tobacco. The company provides its products in two categories including Local products and Export products. Its local cigarette brands include Cleopatra, Mondial, and Lite. Its export cigarette brands include Belmont, Delta, President and Golden West.