IGM Financial (FRA:C7G) Shares Outstanding (Basic Average): 234 Mil (As of Mar. 2026)


FRA:C7G IGM Financial Inc FRA:C7G
82 GF Score
Price €48.40
GF Value €31.60
! 9 Warning Signs
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What is IGM Financial Shares Outstanding (Basic Average)?

IGM Financial FRA:C7G +0.83% 82 Shares Outstanding (Basic Average) is 234 Mil as of Mar. 2026. GuruFocus rates FRA:C7G with a GF Score™ of 82/100 and a GF Value™ of €31.60. The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. IGM Financial's average basic shares outstanding for the quarter that ended in Mar. 2026 was 234 Mil.


IGM Financial  (FRA:C7G) Shares Outstanding (Basic Average) 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.


Be Aware

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.


IGM Financial Shares Outstanding (Basic Average) Related Terms


IGM Financial Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for IGM Financial's Shares Outstanding (Basic Average) 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.

IGM Financial Shares Outstanding (Basic Average) Chart

IGM Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.84 238.47 238.03 237.29 236.48

IGM Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 237.27 236.44 236.20 236.01 234.15
FRA:C7G
82GF Score
IGM Financial Inc FRA:C7G
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Financial Shares Outstanding (Basic Average) 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.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 234 Mil mean?
IGM Financial (FRA:C7G) has a Shares Outstanding (Basic Average) of 234 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on IGM Financial and its competitors.
Is IGM Financial's Shares Outstanding (Basic Average) too high?
IGM Financial's current Shares Outstanding (Basic Average) is 234 Mil. Overall, IGM Financial has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Shares Outstanding (Basic Average) compare to BLK and BX?
IGM Financial's Shares Outstanding (Basic Average) of 234 Mil can be compared against companies in the Asset Management 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 (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on IGM Financial and its competitors. IGM Financial's current Shares Outstanding (Basic Average) is 234 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
IGM Financial (FRA:C7G) has a current Shares Outstanding (Basic Average) of 234 Mil. The stock's GF Value™ is €31.60, compared to a current price of €48.40 — trading 53.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 234 Mil. IGM Financial's overall GF Score™ is 82/100 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 (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For IGM Financial (FRA:C7G), the current Shares Outstanding (Basic Average) is 234 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 IGM Financial (FRA:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €48.40 is trading 53.2% above its estimated GF Value™ of €31.60.

Key valuation signals for FRA:C7G:

  • Shares Outstanding (Basic Average): 234 Mil
  • GF Value™: €31.60 vs. price of €48.40 (53.2% above fair value)
  • GF Score™: 82/100 with 9 warning signs

No single metric tells the full story. See the FRA:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGM Financial Business Description

Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
82GF Score

Get the complete analysis for FRA:C7G

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€48.40
Price
€31.60
GF Value