Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. SATS ASA's shares outstanding for the quarter that ended in Mar. 2026 was 196 Mil.
SATS ASA's quarterly shares outstanding
declined
from Dec. 2025 (199 Mil) to Mar. 2026 (196 Mil).
It means SATS ASAbought back shares from Dec. 2025 to Mar. 2026 .
SATS ASA's annual shares outstanding
declined
from Dec. 2024 (204 Mil) to Dec. 2025 (199 Mil).
It means SATS ASAbought 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.
SATS ASA Shares Outstanding (EOP) Related Terms
SATS ASA Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for SATS 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.
OSL:SATS vs AS, HAS, LTH: Shares Outstanding (EOP) Comparison
For the Leisure subindustry, SATS 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.
SATS ASA Shares Outstanding (EOP) vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, SATS ASA's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where SATS ASA'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 196 Mil mean?
SATS ASA (OSL:SATS) has a Shares Outstanding (EOP) of 196 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on SATS ASA and its competitors.
Is SATS ASA's Shares Outstanding (EOP) too high?
SATS ASA's current Shares Outstanding (EOP) is 196 Mil. Overall, SATS ASA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS ASA's Shares Outstanding (EOP) compare to AS and HAS?
SATS ASA's Shares Outstanding (EOP) of 196 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Shares Outstanding (EOP) depends on the Travel & Leisure 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 SATS ASA and its competitors. SATS ASA's current Shares Outstanding (EOP) is 196 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS ASA stock overvalued right now?
Based on GuruFocus' analysis, SATS ASA (OSL:SATS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr27.81, compared to a current price of kr42.70 — trading 53.5% above its estimated fair value. The current Shares Outstanding (EOP) is 196 Mil. SATS ASA's overall GF Score™ is 67/100 with 4 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 SATS ASA (OSL:SATS), the current Shares Outstanding (EOP) is 196 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 SATS ASA (OSL:SATS) Overvalued in 2026?
Based on GuruFocus' analysis, SATS ASA stock appears to be overvalued.
The current stock price of kr42.70 is trading 53.5% above its estimated GF Value™ of kr27.81.
GuruFocus considers SATS ASA to be Significantly Overvalued.
Key valuation signals for OSL:SATS:
Shares Outstanding (EOP): 196 Mil
GF Value™: kr27.81 vs. price of kr42.70 (53.5% above fair value)
No single metric tells the full story. See the OSL:SATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. The company's training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.
67GF Score
Get the complete analysis for OSL:SATS
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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