Switch to:
HRG Group Inc (NYSE:HRG)
Shares Outstanding
197 Mil (As of Mar. 2015)

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. HRG Group Inc's shares outstanding for the quarter that ended in Mar. 2015 was 197 Mil.

HRG Group Inc's quarterly shares outstanding declined from Dec. 2014 (197 Mil) to Mar. 2015 (197 Mil). It means HRG Group Inc bought back shares from Dec. 2014 to Mar. 2015 .

HRG Group Inc's annual shares outstanding increased from Sep. 2013 (140 Mil) to Sep. 2014 (163 Mil). It means HRG Group Inc issued new shares from Sep. 2013 to Sep. 2014 .


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.


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.

HRG Group Inc Annual Data

Shares Outstanding 191919191919158140140163

HRG Group Inc Quarterly Data

Shares Outstanding 204140205140139140178200197197
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