The Global Smaller Trust (LSE:GSCT) Shares Outstanding (Basic Average): 441.76 Mil (As of Oct. 2025)


LSE:GSCT The Global Smaller Companies Trust PLC LSE:GSCT
29 GF Score
Price £1.94
! 4 Warning Signs
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What is The Global Smaller Trust Shares Outstanding (Basic Average)?

The Global Smaller Trust LSE:GSCT -0.31% 29 Shares Outstanding (Basic Average) is 441.76 Mil as of Oct. 2025. GuruFocus rates LSE:GSCT with a GF Score™ of 29/100. The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. The Global Smaller Trust's average basic shares outstanding for the quarter that ended in Oct. 2025 was 441.76 Mil.

The Global Smaller Trust  (LSE:GSCT) 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.

The Global Smaller Trust Shares Outstanding (Basic Average) Related Terms

The Global Smaller Trust Shares Outstanding (Basic Average) Historical Data

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The historical data trend for The Global Smaller Trust'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.

The Global Smaller Trust Shares Outstanding (Basic Average) Chart

The Global Smaller Trust Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 588.81 563.64 538.33 513.55 469.81

The Global Smaller Trust Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 519.78 507.31 481.65 457.96 441.76
LSE:GSCT
29GF Score
The Global Smaller Companies Trust PLC LSE:GSCT
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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The Global Smaller Trust 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 441.76 Mil mean?
The Global Smaller Trust (LSE:GSCT) has a Shares Outstanding (Basic Average) of 441.76 Mil as of Oct. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on The Global Smaller Trust and its competitors.
Is The Global Smaller Trust's Shares Outstanding (Basic Average) too high?
The Global Smaller Trust's current Shares Outstanding (Basic Average) is 441.76 Mil. Overall, The Global Smaller Trust has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does The Global Smaller Trust's Shares Outstanding (Basic Average) compare to BLK and BX?
The Global Smaller Trust's Shares Outstanding (Basic Average) of 441.76 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 The Global Smaller Trust and its competitors. The Global Smaller Trust's current Shares Outstanding (Basic Average) is 441.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Global Smaller Trust stock overvalued right now?
The Global Smaller Trust (LSE:GSCT) has a current Shares Outstanding (Basic Average) of 441.76 Mil. The current Shares Outstanding (Basic Average) is 441.76 Mil. The Global Smaller Trust's overall GF Score™ is 29/100 with 4 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 The Global Smaller Trust (LSE:GSCT), the current Shares Outstanding (Basic Average) is 441.76 Mil as of Oct. 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.

The Global Smaller Trust Business Description

Address 78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
The Global Smaller Companies Trust PLC offers investors access to a broad spread International smaller companies portfolio. Its investment objective is to invest in smaller companies world-wide to secure a high total return. The portfolio consists of individual smaller company investments within the the USA, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.
29GF 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.

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