Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Empire Co's shares outstanding for the quarter that ended in Apr. 2026 was 225 Mil.
Empire Co's quarterly shares outstanding
declined
from Jan. 2026 (227 Mil) to Apr. 2026 (225 Mil).
It means Empire Cobought back shares from Jan. 2026 to Apr. 2026 .
Empire Co's annual shares outstanding
declined
from Apr. 2025 (233 Mil) to Apr. 2026 (225 Mil).
It means Empire Cobought back shares from Apr. 2025 to Apr. 2026 .
Empire Co (OTCPK:EMLAF) 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.
Empire Co Shares Outstanding (EOP) Related Terms
Empire Co Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Empire Co'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.
EMLAF vs KR, SFM, ACI: Shares Outstanding (EOP) Comparison
For the Grocery Stores subindustry, Empire Co'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.
Empire Co Shares Outstanding (EOP) vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Empire Co's Shares Outstanding (EOP) falls into.
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.
What does a Shares Outstanding (EOP) of 225 Mil mean?
Empire Co (EMLAF) has a Shares Outstanding (EOP) of 225 Mil as of Apr. 2026. The total shares a company has outstanding, at period-end. View historical data on Empire Co and its competitors.
Is Empire Co's Shares Outstanding (EOP) too high?
Empire Co's current Shares Outstanding (EOP) is 225 Mil. Overall, Empire Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Empire Co's Shares Outstanding (EOP) compare to KR and SFM?
Empire Co's Shares Outstanding (EOP) of 225 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Retail - Defensive company?
A good Shares Outstanding (EOP) depends on the Retail - Defensive industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Empire Co and its competitors. Empire Co's current Shares Outstanding (EOP) is 225 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Co stock overvalued right now?
Based on GuruFocus' analysis, Empire Co (EMLAF) is currently considered Fairly Valued. The stock's GF Value™ is $32.94, compared to a current price of $36.05 — trading 9.4% above its estimated fair value. The current Shares Outstanding (EOP) is 225 Mil. Empire Co's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Empire Co (EMLAF), the current Shares Outstanding (EOP) is 225 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Empire Co (EMLAF) Overvalued in 2026?
Based on GuruFocus' analysis, Empire Co stock appears to be overvalued.
The current stock price of $36.05 is trading 9.4% above its estimated GF Value™ of $32.94.
GuruFocus considers Empire Co to be Fairly Valued.
Key valuation signals for EMLAF:
Shares Outstanding (EOP): 225 Mil
GF Value™: $32.94 vs. price of $36.05 (9.4% above fair value)
No single metric tells the full story. See the EMLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire Co Ltd is a Canadian company whose key businesses are food retailing and related real estate. The Company's business operations were conducted through its two reportable segments: Food retailing and Investments and other operations. The Food retailing segment is comprised of three operating segments: Sobeys National, Farm Boy and Longo's. Food retailing consists of corporate and franchisee-owned retail food stores, and includes convenience and fuel stores, retail pharmacy stores and in-store pharmacies, as well as an e-commerce grocery-business, providing customers offerings in fresh and non-fresh grocery, fuel, pharmacy, health and beauty care and general merchandise. The Investments and other operations consists of investments in Crombie REIT, real estate partnership.
78GF Score
Get the complete analysis for EMLAF
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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