Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CIC Insurance Group's shares outstanding for the quarter that ended in Dec. 2025 was 2,877 Mil.
CIC Insurance Group's quarterly shares outstanding
declined
from Dec. 2024 (2,877 Mil) to Dec. 2025 (2,877 Mil).
It means CIC Insurance Groupbought back shares from Dec. 2024 to Dec. 2025 .
CIC Insurance Group's annual shares outstanding
declined
from Dec. 2024 (2,877 Mil) to Dec. 2025 (2,877 Mil).
It means CIC Insurance Groupbought back shares from Dec. 2024 to Dec. 2025 .
CIC Insurance Group (NAI:CIC) 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.
CIC Insurance Group Shares Outstanding (EOP) Related Terms
CIC Insurance Group Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for CIC Insurance Group'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.
CIC Insurance Group Shares Outstanding (EOP) Chart
NAI:CIC vs BRK.A, AIG, HIG: Shares Outstanding (EOP) Comparison
For the Insurance - Diversified subindustry, CIC Insurance Group'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.
CIC Insurance Group Shares Outstanding (EOP) vs Insurance Industry
For the Insurance industry and Financial Services sector, CIC Insurance Group's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where CIC Insurance Group's Shares Outstanding (EOP) falls into.
CIC Insurance Group 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 2,877 Mil mean?
CIC Insurance Group (NAI:CIC) has a Shares Outstanding (EOP) of 2,877 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on CIC Insurance Group and its competitors.
Is CIC Insurance Group's Shares Outstanding (EOP) too high?
CIC Insurance Group's current Shares Outstanding (EOP) is 2,877 Mil. Overall, CIC Insurance Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIC Insurance Group's Shares Outstanding (EOP) compare to BRK.A and AIG?
CIC Insurance Group's Shares Outstanding (EOP) of 2,877 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Shares Outstanding (EOP) depends on the Insurance 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 CIC Insurance Group and its competitors. CIC Insurance Group's current Shares Outstanding (EOP) is 2,877 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIC Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, CIC Insurance Group (NAI:CIC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.39, compared to a current price of KES4.69 — trading 38.3% above its estimated fair value. The current Shares Outstanding (EOP) is 2,877 Mil. CIC Insurance Group's overall GF Score™ is 75/100 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 CIC Insurance Group (NAI:CIC), the current Shares Outstanding (EOP) is 2,877 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 CIC Insurance Group (NAI:CIC) Overvalued in 2026?
Based on GuruFocus' analysis, CIC Insurance Group stock appears to be overvalued.
The current stock price of KES4.69 is trading 38.3% above its estimated GF Value™ of KES3.39.
GuruFocus considers CIC Insurance Group to be Significantly Overvalued.
Key valuation signals for NAI:CIC:
Shares Outstanding (EOP): 2,877 Mil
GF Value™: KES3.39 vs. price of KES4.69 (38.3% above fair value)
No single metric tells the full story. See the NAI:CIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIC Insurance Group Ltd operates as a Co-operative insurer in Africa, offering insurance and investment services across Kenya, Uganda, South Sudan, and Malawi. Its diverse portfolio includes General Insurance, Life Assurance, Microinsurance, Asset Management and Pharmaceutical services. The Company's reportable segments are long-term business, general insurance business, asset management, and other business. The majority of revenue is derived from the Asset Management segment.
75GF Score
Get the complete analysis for NAI:CIC
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
NAI:CIC has been successfully added to your 
