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Avant Brands (TSX:AVNT) Shares Outstanding (EOP) : 278.60 Mil (As of Feb. 2024)


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What is Avant Brands Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Avant Brands's shares outstanding for the quarter that ended in Feb. 2024 was 278.60 Mil.

Avant Brands's quarterly shares outstanding increased from Nov. 2023 (259.09 Mil) to Feb. 2024 (278.60 Mil). It means Avant Brands issued new shares from Nov. 2023 to Feb. 2024 .

Avant Brands's annual shares outstanding increased from Nov. 2022 (206.10 Mil) to Nov. 2023 (259.09 Mil). It means Avant Brands issued new shares from Nov. 2022 to Nov. 2023 .


Avant Brands Shares Outstanding (EOP) Historical Data

The historical data trend for Avant Brands'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.

Avant Brands Shares Outstanding (EOP) Chart

Avant Brands Annual Data
Trend Dec14 Dec15 Dec16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.69 140.72 199.59 206.10 259.09

Avant Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 237.58 257.54 258.27 259.09 278.60

Competitive Comparison of Avant Brands's Shares Outstanding (EOP)

For the Drug Manufacturers - Specialty & Generic subindustry, Avant Brands'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.


Avant Brands's Shares Outstanding (EOP) Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Avant Brands's Shares Outstanding (EOP) distribution charts can be found below:

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



Avant Brands 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.


Avant Brands  (TSX:AVNT) 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.


Avant Brands Shares Outstanding (EOP) Related Terms

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Avant Brands (TSX:AVNT) Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 335, Kelowna, BC, CAN, V1Y 7T2
Avant Brands Inc is an innovative premium cannabis company. It has multiple licensed and operational production facilities across Canada, which produce high-quality, handcrafted cannabis products for highly desired, and award-winning consumer brands, sold across both recreational and medical channels.
Executives
Norton Singhavon 10% Security Holder, Director, Senior Officer

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