Brown Advisory US Smaller (LSE:BASC) Shares Outstanding (Basic Average): 11.43 Mil (As of Dec. 2025)


LSE:BASC Brown Advisory US Smaller Companies PLC LSE:BASC
33 GF Score
Price £15.60
! 2 Warning Signs
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What is Brown Advisory US Smaller Shares Outstanding (Basic Average)?

Brown Advisory US Smaller LSE:BASC +2.30% 33 Shares Outstanding (Basic Average) is 11.43 Mil as of Dec. 2025. GuruFocus rates LSE:BASC with a GF Score™ of 33/100. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Brown Advisory US Smaller's average basic shares outstanding for the quarter that ended in Dec. 2025 was 11.43 Mil.

Brown Advisory US Smaller  (LSE:BASC) 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.

Brown Advisory US Smaller Shares Outstanding (Basic Average) Related Terms

Brown Advisory US Smaller Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Brown Advisory US Smaller'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.

Brown Advisory US Smaller Shares Outstanding (Basic Average) Chart

Brown Advisory US Smaller Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.30 11.96 11.95 11.92 11.73

Brown Advisory US Smaller Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11.95 11.88 11.82 11.64 11.43
LSE:BASC
33GF Score
Brown Advisory US Smaller Companies PLC LSE:BASC
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Brown Advisory US Smaller 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 11.43 Mil mean?
Brown Advisory US Smaller (LSE:BASC) has a Shares Outstanding (Basic Average) of 11.43 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Brown Advisory US Smaller and its competitors.
Is Brown Advisory US Smaller's Shares Outstanding (Basic Average) too high?
Brown Advisory US Smaller's current Shares Outstanding (Basic Average) is 11.43 Mil. Overall, Brown Advisory US Smaller has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Brown Advisory US Smaller's Shares Outstanding (Basic Average) compare to BLK and BX?
Brown Advisory US Smaller's Shares Outstanding (Basic Average) of 11.43 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 Brown Advisory US Smaller and its competitors. Brown Advisory US Smaller's current Shares Outstanding (Basic Average) is 11.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brown Advisory US Smaller stock overvalued right now?
Brown Advisory US Smaller (LSE:BASC) has a current Shares Outstanding (Basic Average) of 11.43 Mil. The current Shares Outstanding (Basic Average) is 11.43 Mil. Brown Advisory US Smaller's overall GF Score™ is 33/100 with 2 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 Brown Advisory US Smaller (LSE:BASC), the current Shares Outstanding (Basic Average) is 11.43 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.

Brown Advisory US Smaller Business Description

Address 140 Aldersgate Street, 4th Floor, London, GBR, EC1A 4HY
Brown Advisory US Smaller Companies PLC is an investment trust. The company's main business is portfolio investment. Its investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted U.S. smaller and medium-sized companies. The company's investing approach is long-term quality companies with limited downside risk. It focuses on capital preservation and a risk-averse approach. The company invests in consumer discretionary, consumer staples, energy, financial services, healthcare, materials and processing, producer durables, technology, and utilities sectors.
33GF Score

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

£15.60
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