GURUFOCUS.COM » STOCK LIST » USA » NYSE » Franco-Nevada Corp (NYSE:FNV) » Definitions » Shares Outstanding (EOP)
Switch to:

Franco-Nevada (NYSE:FNV) Shares Outstanding (EOP)

: 192 Mil (As of Jun. 2023)
View and export this data going back to 2011. Start your Free Trial

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Franco-Nevada's shares outstanding for the quarter that ended in Jun. 2023 was 192 Mil.

Franco-Nevada's quarterly shares outstanding increased from Mar. 2023 (192 Mil) to Jun. 2023 (192 Mil). It means Franco-Nevada issued new shares from Mar. 2023 to Jun. 2023 .

Franco-Nevada's annual shares outstanding increased from Dec. 2021 (191 Mil) to Dec. 2022 (192 Mil). It means Franco-Nevada issued new shares from Dec. 2021 to Dec. 2022 .


Franco-Nevada Shares Outstanding (EOP) Historical Data

The historical data trend for Franco-Nevada's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franco-Nevada Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shares Outstanding (EOP)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.69 189.38 190.96 191.33 191.89

Franco-Nevada Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Shares Outstanding (EOP) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 191.56 191.67 191.89 191.96 192.06

Competitive Comparison

For the Gold subindustry, Franco-Nevada's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Franco-Nevada Shares Outstanding (EOP) Distribution

For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Franco-Nevada's Shares Outstanding (EOP) falls in comparison to its industry or sector. The grey bar indicates the Shares Outstanding (EOP)'s extreme value range as defined by GuruFocus.



Franco-Nevada Shares Outstanding (EOP) Calculation

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.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Franco-Nevada  (NYSE:FNV) Shares Outstanding (EOP) 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.

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.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Franco-Nevada Shares Outstanding (EOP) Related Terms

Thank you for viewing the detailed overview of Franco-Nevada's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.


Franco-Nevada (NYSE:FNV) Business Description

Franco-Nevada logo
Traded in Other Exchanges
Address
199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.