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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Develop North's shares outstanding for the quarter that ended in May. 2026 was 25.32 Mil.
Develop North's quarterly shares outstanding
increased
from Nov. 2025 (24.98 Mil) to May. 2026 (25.32 Mil).
It means Develop Northissued new shares from Nov. 2025 to May. 2026 .
Develop North's annual shares outstanding
stayed the same
from Nov. 2024 (24.98 Mil) to Nov. 2025 (24.98 Mil).
Develop North (LSE:DVNO) 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.
Develop North Shares Outstanding (EOP) Related Terms
Develop North Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Develop North'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.
LSE:DVNO vs BLK, BX, KKR: Shares Outstanding (EOP) Comparison
For the Asset Management subindustry, Develop North'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.
Develop North Shares Outstanding (EOP) vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Develop North's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Develop North's Shares Outstanding (EOP) falls into.
Develop North 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 25.32 Mil mean?
Develop North (LSE:DVNO) has a Shares Outstanding (EOP) of 25.32 Mil as of May. 2026. The total shares a company has outstanding, at period-end. View historical data on Develop North and its competitors.
Is Develop North's Shares Outstanding (EOP) too high?
Develop North's current Shares Outstanding (EOP) is 25.32 Mil. Overall, Develop North has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Develop North's Shares Outstanding (EOP) compare to BLK and BX?
Develop North's Shares Outstanding (EOP) of 25.32 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management 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 Develop North and its competitors. Develop North's current Shares Outstanding (EOP) is 25.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop North stock overvalued right now?
Based on GuruFocus' analysis, Develop North (LSE:DVNO) is currently considered Fairly Valued. The stock's GF Value™ is £0.81, compared to a current price of £0.75 — trading 7.4% below its estimated fair value. The current Shares Outstanding (EOP) is 25.32 Mil. Develop North's overall GF Score™ is 32/100 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 Develop North (LSE:DVNO), the current Shares Outstanding (EOP) is 25.32 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 Develop North (LSE:DVNO) Overvalued in 2026?
Based on GuruFocus' analysis, Develop North stock appears to be undervalued.
The current stock price of £0.75 is trading 7.4% below its estimated GF Value™ of £0.81.
GuruFocus considers Develop North to be Fairly Valued.
Key valuation signals for LSE:DVNO:
Shares Outstanding (EOP): 25.32 Mil
GF Value™: £0.81 vs. price of £0.75 (7.4% below fair value)
No single metric tells the full story. See the LSE:DVNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Develop North PLC is a closed-end investment company. The investment objective of the company is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term, Its portfolio consists of Apartment Group, Claypath, Dickinson Apartments, St Margaret's Place, Whitley Court, The Millhouse, AM Number Three, Almscliffe, Horizon Middleton Towers, Harrow Living, Jaymac Solutions, Apartment Group, Cutler House Road, Kenley Homes, Horizon Cremation, and Bede Homes.
32GF Score
Get the complete analysis for LSE:DVNO
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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