Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tenaga Nasional Bhd's shares outstanding for the quarter that ended in Mar. 2026 was 1,457 Mil.
Tenaga Nasional Bhd's quarterly shares outstanding
stayed the same
from Dec. 2025 (1,457 Mil) to Mar. 2026 (1,457 Mil).
Tenaga Nasional Bhd's annual shares outstanding
increased
from Dec. 2024 (1,453 Mil) to Dec. 2025 (1,457 Mil).
It means Tenaga Nasional Bhdissued new shares from Dec. 2024 to Dec. 2025 .
Tenaga Nasional Bhd (OTCPK:TNABY) 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.
Tenaga Nasional Bhd Shares Outstanding (EOP) Related Terms
Tenaga Nasional Bhd Shares Outstanding (EOP) Historical Data
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The historical data trend for Tenaga Nasional Bhd'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.
Tenaga Nasional Bhd Shares Outstanding (EOP) Chart
TNABY vs NEE, SO, DUK: Shares Outstanding (EOP) Comparison
For the Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd'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.
Tenaga Nasional Bhd Shares Outstanding (EOP) vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Tenaga Nasional Bhd's Shares Outstanding (EOP) falls into.
Tenaga Nasional Bhd 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 1,457 Mil mean?
Tenaga Nasional Bhd (TNABY) has a Shares Outstanding (EOP) of 1,457 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Tenaga Nasional Bhd and its competitors.
Is Tenaga Nasional Bhd's Shares Outstanding (EOP) too high?
Tenaga Nasional Bhd's current Shares Outstanding (EOP) is 1,457 Mil. Overall, Tenaga Nasional Bhd has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenaga Nasional Bhd's Shares Outstanding (EOP) compare to NEE and SO?
Tenaga Nasional Bhd's Shares Outstanding (EOP) of 1,457 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Shares Outstanding (EOP) depends on the Utilities - Regulated 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 Tenaga Nasional Bhd and its competitors. Tenaga Nasional Bhd's current Shares Outstanding (EOP) is 1,457 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaga Nasional Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tenaga Nasional Bhd (TNABY) is currently considered Fairly Valued. The stock's GF Value™ is $14.85, compared to a current price of $15.15 — trading 2% above its estimated fair value. The current Shares Outstanding (EOP) is 1,457 Mil. Tenaga Nasional Bhd's overall GF Score™ is 73/100 with 7 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 Tenaga Nasional Bhd (TNABY), the current Shares Outstanding (EOP) is 1,457 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 Tenaga Nasional Bhd (TNABY) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaga Nasional Bhd stock appears to be overvalued.
The current stock price of $15.15 is trading 2% above its estimated GF Value™ of $14.85.
GuruFocus considers Tenaga Nasional Bhd to be Fairly Valued.
Key valuation signals for TNABY:
Shares Outstanding (EOP): 1,457 Mil
GF Value™: $14.85 vs. price of $15.15 (2% above fair value)
No single metric tells the full story. See the TNABY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaga Nasional Bhd is an electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and retail of electricity. TNB segments includes Power Generation, Grid, Distribution Network, and Retail. The company encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers. The company generates maximum revenue through the sale of electricity in Malaysia. Its customers are mainly commercial operations, residential consumers, and large industrial entities.
73GF 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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