Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Reece's shares outstanding for the quarter that ended in Dec. 2025 was 615 Mil.
Reece's quarterly shares outstanding
declined
from Jun. 2025 (646 Mil) to Dec. 2025 (615 Mil).
It means Reecebought back shares from Jun. 2025 to Dec. 2025 .
Reece's annual shares outstanding
stayed the same
from Jun. 2024 (646 Mil) to Jun. 2025 (646 Mil).
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.
Reece Shares Outstanding (EOP) Related Terms
Reece Shares Outstanding (EOP) Historical Data
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The historical data trend for Reece'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.
REECF vs GWW, FAST, FERG: Shares Outstanding (EOP) Comparison
For the Industrial Distribution subindustry, Reece'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.
Reece Shares Outstanding (EOP) vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Reece's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Reece'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 615 Mil mean?
Reece (REECF) has a Shares Outstanding (EOP) of 615 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Reece and its competitors.
Is Reece's Shares Outstanding (EOP) too high?
Reece's current Shares Outstanding (EOP) is 615 Mil. Overall, Reece has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reece's Shares Outstanding (EOP) compare to GWW and FAST?
Reece's Shares Outstanding (EOP) of 615 Mil can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Shares Outstanding (EOP) depends on the Industrial Distribution 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 Reece and its competitors. Reece's current Shares Outstanding (EOP) is 615 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reece stock overvalued right now?
Based on GuruFocus' analysis, Reece (REECF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.19, compared to a current price of $9.80 — trading 19.6% below its estimated fair value. The current Shares Outstanding (EOP) is 615 Mil. Reece's overall GF Score™ is 84/100 with 8 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 Reece (REECF), the current Shares Outstanding (EOP) is 615 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 Reece (REECF) Overvalued in 2026?
Based on GuruFocus' analysis, Reece stock appears to be undervalued.
The current stock price of $9.80 is trading 19.6% below its estimated GF Value™ of $12.19.
GuruFocus considers Reece to be Modestly Undervalued.
Key valuation signals for REECF:
Shares Outstanding (EOP): 615 Mil
GF Value™: $12.19 vs. price of $9.80 (19.6% below fair value)
No single metric tells the full story. See the REECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reece is an Australian distributor of plumbing supplies and bathroom products, with businesses in Australia, New Zealand, and the United States. Reece Australia holds Australia's largest range of individual plumbing stock-keeping units, supporting plumbing needs for general plumbing, bathrooms, kitchens, heating and air conditioning, irrigation, refrigeration, pools, commercial and government projects, and fire services.In the Australia and New Zealand markets, Reece's trade, customers are mostly small to medium plumbing businesses working in the areas of residential repairs, renovations, or new home builds.The US business principally serves plumbers working on commercial and residential construction projects and has a network of almost 300 stores in the southern Sunbelt states.
84GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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