Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Norske Skog ASA's shares outstanding for the quarter that ended in Mar. 2026 was 84.8 Mil.
Norske Skog ASA's quarterly shares outstanding
stayed the same
from Dec. 2025 (84.8 Mil) to Mar. 2026 (84.8 Mil).
Norske Skog ASA's annual shares outstanding
stayed the same
from Dec. 2024 (84.8 Mil) to Dec. 2025 (84.8 Mil).
Norske Skog ASA (FRA:0BQ) 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.
Norske Skog ASA Shares Outstanding (EOP) Related Terms
Norske Skog ASA Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Norske Skog ASA'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.
FRA:0BQ vs SLVM: Shares Outstanding (EOP) Comparison
For the Paper & Paper Products subindustry, Norske Skog ASA'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.
Norske Skog ASA Shares Outstanding (EOP) vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Norske Skog ASA's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Norske Skog ASA's Shares Outstanding (EOP) falls into.
Norske Skog ASA 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.
What does a Shares Outstanding (EOP) of 84.8 Mil mean?
Norske Skog ASA (FRA:0BQ) has a Shares Outstanding (EOP) of 84.8 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Norske Skog ASA and its competitors.
Is Norske Skog ASA's Shares Outstanding (EOP) too high?
Norske Skog ASA's current Shares Outstanding (EOP) is 84.8 Mil. Overall, Norske Skog ASA has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's Shares Outstanding (EOP) compare to SLVM?
Norske Skog ASA's Shares Outstanding (EOP) of 84.8 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Shares Outstanding (EOP) depends on the Forest Products 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 Norske Skog ASA and its competitors. Norske Skog ASA's current Shares Outstanding (EOP) is 84.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (FRA:0BQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.89, compared to a current price of €3.72 — trading 28.7% above its estimated fair value. The current Shares Outstanding (EOP) is 84.8 Mil. Norske Skog ASA's overall GF Score™ is 73/100 with 12 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 Norske Skog ASA (FRA:0BQ), the current Shares Outstanding (EOP) is 84.8 Mil as of Mar. 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 Norske Skog ASA (FRA:0BQ) Overvalued in 2026?
Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued.
The current stock price of €3.72 is trading 28.7% above its estimated GF Value™ of €2.89.
GuruFocus considers Norske Skog ASA to be Modestly Overvalued.
Key valuation signals for FRA:0BQ:
Shares Outstanding (EOP): 84.8 Mil
GF Value™: €2.89 vs. price of €3.72 (28.7% above fair value)
No single metric tells the full story. See the FRA:0BQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
73GF Score
Get the complete analysis for FRA:0BQ
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:0BQ has been successfully added to your 
