Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Puma SE's shares outstanding for the quarter that ended in Mar. 2026 was 147 Mil.
Puma SE's quarterly shares outstanding
stayed the same
from Dec. 2025 (147 Mil) to Mar. 2026 (147 Mil).
Puma SE's annual shares outstanding
declined
from Dec. 2024 (149 Mil) to Dec. 2025 (147 Mil).
It means Puma SEbought back shares from Dec. 2024 to Dec. 2025 .
Puma SE (OTCPK:PMMAF) 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.
Puma SE Shares Outstanding (EOP) Related Terms
Puma SE Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Puma SE'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.
PMMAF vs NKE, DECK, ONON: Shares Outstanding (EOP) Comparison
For the Footwear & Accessories subindustry, Puma SE'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.
Puma SE Shares Outstanding (EOP) vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Puma SE'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 147 Mil mean?
Puma SE (PMMAF) has a Shares Outstanding (EOP) of 147 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Puma SE and its competitors.
Is Puma SE's Shares Outstanding (EOP) too high?
Puma SE's current Shares Outstanding (EOP) is 147 Mil. Overall, Puma SE has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Puma SE's Shares Outstanding (EOP) compare to NKE and DECK?
Puma SE's Shares Outstanding (EOP) of 147 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Shares Outstanding (EOP) depends on the Manufacturing - Apparel & Accessories 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 Puma SE and its competitors. Puma SE's current Shares Outstanding (EOP) is 147 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puma SE stock overvalued right now?
Based on GuruFocus' analysis, Puma SE (PMMAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.50, compared to a current price of $30.97 — trading 17.4% below its estimated fair value. The current Shares Outstanding (EOP) is 147 Mil. Puma SE's overall GF Score™ is 75/100 with 9 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 Puma SE (PMMAF), the current Shares Outstanding (EOP) is 147 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 Puma SE (PMMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Puma SE stock appears to be undervalued.
The current stock price of $30.97 is trading 17.4% below its estimated GF Value™ of $37.50.
GuruFocus considers Puma SE to be Modestly Undervalued.
Key valuation signals for PMMAF:
Shares Outstanding (EOP): 147 Mil
GF Value™: $37.50 vs. price of $30.97 (17.4% below fair value)
No single metric tells the full story. See the PMMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (56% of 2025 sales) is its largest category, followed by apparel (32%) and accessories (12%). Puma also licenses its name for fragrances, eyewear, and watches. Most of its sales are through wholesale partners (68% of 2025 sales), with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (43% of 2025 sales), the Americas (35%), and Asia-Pacific (22%). China-based competitor Anta is in the process of acquiring 29% of Puma's outstanding shares.
75GF Score
Get the complete analysis for PMMAF
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
PMMAF has been successfully added to your 
