Understanding Bac Shares Outstanding and Financial Data

Bac shares outstanding is a crucial metric for investors to understand, especially when evaluating the performance of Bacardi Limited.

Bacardi Limited's shares outstanding have been steadily increasing over the years, reaching 1.35 billion shares as of 2022.

This increase in shares outstanding can be attributed to the company's decision to issue new shares to raise capital for various purposes, such as expanding its operations or repaying debt.

The shares outstanding number is a key component of Bacardi Limited's financial data, which is publicly available and can be accessed through various sources, including the company's annual reports.

By understanding Bacardi Limited's shares outstanding, investors can gain valuable insights into the company's capital structure and financial health.

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Bank of America has 7.61 billion shares outstanding, which is a significant number.

The number of shares has decreased by -1.79% in one year. This indicates a slight decline in the company's share count over the past 12 months.

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According to the data, the shares outstanding have also decreased by -0.74% in the past quarter, showing a more recent decline.

Here is a summary of the key share statistics:

The float, which represents the number of shares available for public trading, is 7.58 billion.

As of 2023, Bank of America's sales per share is $21.66, a significant increase from $14.43 in 2022. This growth is a positive indicator of the company's financial health.

The P/E ratio, a key metric for investors, is 10.94 in 2023, which is relatively stable compared to previous years. In contrast, the dividend yield has increased to 2.73% in 2023, making it more attractive to income investors.

Here are some key financial data points to consider:

Note that the number of shares outstanding has decreased by 1.79% in the past year, but the company still has a significant market capitalization.

The number of shares outstanding is a crucial aspect of a company's financial data. Bank of America has 7.61 billion shares outstanding.

This figure has decreased by 1.79% in the past year, indicating a slight reduction in the company's share count. The number of shares has also decreased by 0.74% in the past quarter.

Here's a breakdown of the shares outstanding data:

This data can be useful for investors and analysts to understand the company's capital structure and potential for future share buybacks or issuance.

Short Selling Information is a crucial aspect of financial analysis, and understanding it can help you make informed investment decisions. The latest short interest is 73.99 million, which is a significant number.

The short interest has actually decreased from the previous month, when it was 74.69 million. This could be a sign that investors are becoming more optimistic about the company's prospects.

The short interest as a percentage of the outstanding shares is 0.97%, which is relatively low. This suggests that there isn't a lot of bearish sentiment among investors.

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The short interest as a percentage of the float is 0.98%, which is only slightly higher. This indicates that a small percentage of the company's shares are being sold short.

The short ratio, also known as the days to cover, is 2.38. This means that it would take approximately 2.38 days to cover all the short positions, which is a relatively low number.

Here's a summary of the short selling information:

Bac shares outstanding can be found on the open market for trading.

The company's shares are listed on the NASDAQ stock exchange under the ticker symbol BAC.

Bac is one of the largest financial institutions in the world with a history dating back to 1870.

The balance sheet is a snapshot of a company's financial situation at a specific point in time. It shows what the company owns, what it owes, and how much it's worth.

The company's cash reserves are substantial, with $926.60 billion in cash and cash equivalents. This is a healthy amount that can be used to cover expenses, invest in new opportunities, or return value to shareholders.

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Total debt for the company is $697.78 billion, which is a significant amount. However, it's essential to consider the company's overall financial health and how it's managing its debt.

The net cash position is $228.82 billion, which is a positive indicator of the company's financial stability. This is calculated by subtracting total debt from cash and cash equivalents.

The net cash per share is $30.07, giving investors an idea of the company's financial health on a per-share basis. This figure can be useful for comparing the company's financial situation to its peers.

Equity, also known as book value, is $295.56 billion. This represents the company's total assets minus its total liabilities. The book value per share is $35.79, which can be used to evaluate the company's financial performance over time.

Working capital, which is the difference between current assets and current liabilities, is -$1,664.14 billion. This negative working capital indicates that the company's current liabilities exceed its current assets.

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Bank of America is a $2.2 trillion bank that spends billions of dollars each year buying back its stock.

The bank's chairman and CEO, Brian Moynihan, has made it clear that he wants to buy back as much of the outstanding common stock as possible.

In 2016, Bank of America spent $5.1 billion on buybacks, repurchasing 332,750 shares of stock.

That's a fraction of its 10.1 billion outstanding shares, but it's a step toward Moynihan's goal of steadily repurchasing the 7 billion shares issued during the financial crisis.

Bank of America has been buying back stock for the fourth year in a row, with a total of $12.4 billion spent on common stock repurchases.

This has reduced the bank's share count by 6% from a peak of 11.7 billion diluted shares outstanding in the wake of the crisis.

The bank's shares trade at the third lowest valuation among large-cap bank stocks, making buybacks especially valuable.

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