Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Heineken NV's shares outstanding for the quarter that ended in Dec. 2025 was 561 Mil.
Heineken NV's quarterly shares outstanding
declined
from Jun. 2025 (565 Mil) to Dec. 2025 (561 Mil).
It means Heineken NVbought back shares from Jun. 2025 to Dec. 2025 .
Heineken NV's annual shares outstanding
declined
from Dec. 2024 (565 Mil) to Dec. 2025 (561 Mil).
It means Heineken NVbought back shares from Dec. 2024 to Dec. 2025 .
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.
Heineken NV Shares Outstanding (EOP) Related Terms
Heineken NV Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Heineken NV'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.
HINKF vs BUD, STZ, TAP: Shares Outstanding (EOP) Comparison
For the Beverages - Brewers subindustry, Heineken NV'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.
Heineken NV Shares Outstanding (EOP) vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Heineken NV'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 561 Mil mean?
Heineken NV (HINKF) has a Shares Outstanding (EOP) of 561 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Heineken NV and its competitors.
Is Heineken NV's Shares Outstanding (EOP) too high?
Heineken NV's current Shares Outstanding (EOP) is 561 Mil. Overall, Heineken NV has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heineken NV's Shares Outstanding (EOP) compare to BUD and STZ?
Heineken NV's Shares Outstanding (EOP) of 561 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Shares Outstanding (EOP) depends on the Beverages - Alcoholic 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 Heineken NV and its competitors. Heineken NV's current Shares Outstanding (EOP) is 561 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken NV stock overvalued right now?
Based on GuruFocus' analysis, Heineken NV (HINKF) is currently considered Fairly Valued. The stock's GF Value™ is $94.07, compared to a current price of $88.65 — trading 5.8% below its estimated fair value. The current Shares Outstanding (EOP) is 561 Mil. Heineken NV's overall GF Score™ is 79/100 with 5 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 Heineken NV (HINKF), the current Shares Outstanding (EOP) is 561 Mil as of Dec. 2025. 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 Heineken NV (HINKF) Overvalued in 2026?
Based on GuruFocus' analysis, Heineken NV stock appears to be undervalued.
The current stock price of $88.65 is trading 5.8% below its estimated GF Value™ of $94.07.
GuruFocus considers Heineken NV to be Fairly Valued.
Key valuation signals for HINKF:
Shares Outstanding (EOP): 561 Mil
GF Value™: $94.07 vs. price of $88.65 (5.8% below fair value)
No single metric tells the full story. See the HINKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heineken is the world's second-largest brewer behind Anheuser-Busch InBev. It has the leading position in many European markets, including the Netherlands, Austria, Greece, and Italy. Its flagship brand, Heineken, is the world's leading international premium lager by volume and has spawned several brand extensions including Heineken 0.0 and Heineken Silver. Heineken is the world's biggest cider producer. Its portfolio also includes brands in the nonalcoholic, Belgian, and craft beer categories.
79GF Score
Get the complete analysis for HINKF
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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