Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Old Mutual's average basic shares outstanding for the quarter that ended in Dec. 2025 was 4,266 Mil.
Old Mutual (JSE:OMU) 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.
Old Mutual Shares Outstanding (Basic Average) Related Terms
Old Mutual Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Old Mutual'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.
Old Mutual Shares Outstanding (Basic Average) Chart
Old Mutual 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 4,266 Mil mean?
Old Mutual (JSE:OMU) has a Shares Outstanding (Basic Average) of 4,266 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Old Mutual and its competitors.
Is Old Mutual's Shares Outstanding (Basic Average) too high?
Old Mutual's current Shares Outstanding (Basic Average) is 4,266 Mil. Overall, Old Mutual has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Old Mutual's Shares Outstanding (Basic Average) compare to FRHC and VOYA?
Old Mutual's Shares Outstanding (Basic Average) of 4,266 Mil can be compared against companies in the Diversified Financial Services 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 a Diversified Financial Services company?
A good Shares Outstanding (Basic Average) depends on the Diversified Financial Services 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 Old Mutual and its competitors. Old Mutual's current Shares Outstanding (Basic Average) is 4,266 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Mutual stock overvalued right now?
Based on GuruFocus' analysis, Old Mutual (JSE:OMU) is currently considered Significantly Undervalued. The stock's GF Value™ is R20.52, compared to a current price of R13.39 — trading 34.7% below its estimated fair value. The current Shares Outstanding (Basic Average) is 4,266 Mil. Old Mutual's overall GF Score™ is 76/100 with 1 warning sign 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 Old Mutual (JSE:OMU), the current Shares Outstanding (Basic Average) is 4,266 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 Old Mutual (JSE:OMU) Overvalued in 2026?
Based on GuruFocus' analysis, Old Mutual stock appears to be undervalued.
The current stock price of R13.39 is trading 34.7% below its estimated GF Value™ of R20.52.
GuruFocus considers Old Mutual to be Significantly Undervalued.
Key valuation signals for JSE:OMU:
Shares Outstanding (Basic Average): 4,266 Mil
GF Value™: R20.52 vs. price of R13.39 (34.7% below fair value)
No single metric tells the full story. See the JSE:OMU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Mutual Ltd provides financial services that include wealth management, banking, asset management, and insurance. The firm is organized into the following operational segments: Old Mutual Life and Savings, Old Mutual Investments, Old Mutual Banking, Old Mutual Insure, Old Mutual Africa Regions, and Other Group Activities. The company generates key revenue from Old Mutual Life and Savings, which comprises retail and corporate segments offering risk, savings, investment, lending, and income products across diverse markets. This includes simple financial solutions for low- to lower-middle-income customers, holistic financial advice and tailored investment offerings for middle-income and high-net-worth individuals, and employee benefits and business solutions for SMEs.
76GF Score
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