Switch to:
Capital One Financial Corp (NYSE:COF)
Shares Outstanding
557 Mil (As of Mar. 2015)

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Capital One Financial Corp's shares outstanding for the quarter that ended in Mar. 2015 was 557 Mil.

Capital One Financial Corp's quarterly shares outstanding increased from Dec. 2014 (554 Mil) to Mar. 2015 (557 Mil). It means Capital One Financial Corp issued new shares from Dec. 2014 to Mar. 2015 .

Capital One Financial Corp's annual shares outstanding declined from Dec. 2013 (580 Mil) to Dec. 2014 (563 Mil). It means Capital One Financial Corp bought back shares from Dec. 2013 to Dec. 2014 .


Definition

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.


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.

If a company buys back shares, we should also observe negative number for Net Issuance of Stock in its cash flow statement. If a company issues shares, we will observe positive number of Net Issuance of Stock.


Be Aware

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.


Related Terms

Net Issuance of Stock, Buy Back Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Capital One Financial Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Shares Outstanding 269317396378431452456567580563

Capital One Financial Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Shares Outstanding 586586589591575580578568554557
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK