Adjusted Weighted Average Basic Shares Outstanding

Definition of Adjusted Weighted Average Basic Shares Outstanding

The weighted average of outstanding shares is a calculation that incorporates any changes in the amount of outstanding shares over a reporting period. It is an important number, as it is used to calculate key financial measures such as earnings per share (EPS) for the time period. The amount of shares outstanding in a company will often change due to a company issuing new shares, repurchasing and retiring existing shares, and other financial instruments such as employee options being converted into shares. Adjusted for stock splits.

Adjusted Weighted Average Basic Shares Outstanding Details