Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. General Mills's shares outstanding for the quarter that ended in May. 2026 was 534 Mil.
General Mills's quarterly shares outstanding
declined
from Feb. 2026 (534 Mil) to May. 2026 (534 Mil).
It means General Millsbought back shares from Feb. 2026 to May. 2026 .
General Mills's annual shares outstanding
declined
from May. 2025 (542 Mil) to May. 2026 (534 Mil).
It means General Millsbought back shares from May. 2025 to May. 2026 .
General Mills (HAM:GRM) 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.
General Mills Shares Outstanding (EOP) Related Terms
General Mills Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for General Mills'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.
HAM:GRM vs HRL, MKC, JBS: Shares Outstanding (EOP) Comparison
For the Packaged Foods subindustry, General Mills'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.
General Mills Shares Outstanding (EOP) vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where General Mills's Shares Outstanding (EOP) falls into.
General Mills 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 534 Mil mean?
General Mills (HAM:GRM) has a Shares Outstanding (EOP) of 534 Mil as of May. 2026. The total shares a company has outstanding, at period-end. View historical data on General Mills and its competitors.
Is General Mills' Shares Outstanding (EOP) too high?
General Mills' current Shares Outstanding (EOP) is 534 Mil. Overall, General Mills has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does General Mills' Shares Outstanding (EOP) compare to HRL and MKC?
General Mills' Shares Outstanding (EOP) of 534 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Shares Outstanding (EOP) depends on the Consumer Packaged Goods 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 General Mills and its competitors. General Mills's current Shares Outstanding (EOP) is 534 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Mills stock overvalued right now?
Based on GuruFocus' analysis, General Mills (HAM:GRM) is currently considered Significantly Undervalued. The stock's GF Value™ is €53.25, compared to a current price of €32.75 — trading 38.5% below its estimated fair value. The current Shares Outstanding (EOP) is 534 Mil. General Mills' overall GF Score™ is 52/100 with 6 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 General Mills (HAM:GRM), the current Shares Outstanding (EOP) is 534 Mil as of May. 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 General Mills (HAM:GRM) Overvalued in 2026?
Based on GuruFocus' analysis, General Mills stock appears to be undervalued.
The current stock price of €32.75 is trading 38.5% below its estimated GF Value™ of €53.25.
GuruFocus considers General Mills to be Significantly Undervalued.
Key valuation signals for HAM:GRM:
Shares Outstanding (EOP): 534 Mil
GF Value™: €53.25 vs. price of €32.75 (38.5% below fair value)
No single metric tells the full story. See the HAM:GRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Mills is a global packaged-food company that produces snacks, cereal, convenient meals, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2025, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.
52GF Score
Get the complete analysis for HAM:GRM
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
HAM:GRM has been successfully added to your 
