Shares Outstanding

Shares outstanding is the total number of a company's shares currently held by all investors.

Part of the Growth & Capital Returns course · Lesson 9 of 26

Formula

Issued Shares - Treasury Shares

What it is

Shares outstanding is the count of all common shares a company has issued and that are currently held by investors, including insiders and institutions. It excludes shares the company has bought back and holds in treasury. This count is the denominator for most per-share metrics.

Why it matters

It drives market capitalization (price times shares) and every per-share figure like EPS and book value per share. A pitfall is mixing up basic, diluted, and float share counts, or comparing a market cap to a per-share metric calculated on a different count.

How it's calculated

It is reported by the company on its filings; it equals issued shares minus shares held in treasury. A weighted-average version is used for per-share earnings.

How Quintarthai uses it

Market cap, which is built from shares outstanding, is shown in the Summary Key-metrics grid, and share-count history is tracked on each company page. Open a company page in the app to see it.

Cross-border note. For dual-listed TSX/NYSE companies, shares outstanding is a single company-wide total, but market cap must be computed in the matching currency for each listing; Quintarthai handles this on its <a href="/cross-border.html">cross-border view</a>.

FAQ

What's the difference between shares outstanding and float?

Shares outstanding is the total share count; float is the subset freely tradable by the public, excluding restricted insider and closely held shares.

Why do per-share metrics use weighted-average shares?

Because the share count changes during a reporting period, a weighted average gives a fair denominator that reflects how many shares existed over the whole period.

See Shares Outstanding on a real company

Open any stock in Quintarthai and explore it live across the screener and company pages.

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