JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Shares Outstanding (Basic Average): 126.82 Mil (As of Jan. 2026)


LSE:JUGI JPMorgan UK Small Cap Growth & Income PLC LSE:JUGI
32 GF Score
Price £3.24
! 3 Warning Signs
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What is JPMorgan UK Small Cap Growth &ome Shares Outstanding (Basic Average)?

JPMorgan UK Small Cap Growth &ome LSE:JUGI -0.15% 32 Shares Outstanding (Basic Average) is 126.82 Mil as of Jan. 2026. GuruFocus rates LSE:JUGI with a GF Score™ of 32/100. The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. JPMorgan UK Small Cap Growth &ome's average basic shares outstanding for the quarter that ended in Jan. 2026 was 126.82 Mil.


JPMorgan UK Small Cap Growth &ome  (LSE:JUGI) 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.


JPMorgan UK Small Cap Growth &ome Shares Outstanding (Basic Average) Related Terms


JPMorgan UK Small Cap Growth &ome Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for JPMorgan UK Small Cap Growth &ome'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.

JPMorgan UK Small Cap Growth &ome Shares Outstanding (Basic Average) Chart

JPMorgan UK Small Cap Growth &ome Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.05 78.05 78.05 103.15 134.45

JPMorgan UK Small Cap Growth &ome Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 77.98 128.32 137.19 131.71 126.82
LSE:JUGI
32GF Score
JPMorgan UK Small Cap Growth & Income PLC LSE:JUGI
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan UK Small Cap Growth &ome 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 126.82 Mil mean?
JPMorgan UK Small Cap Growth &ome (LSE:JUGI) has a Shares Outstanding (Basic Average) of 126.82 Mil as of Jan. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on JPMorgan UK Small Cap Growth &ome and its competitors.
Is JPMorgan UK Small Cap Growth &ome's Shares Outstanding (Basic Average) too high?
JPMorgan UK Small Cap Growth &ome's current Shares Outstanding (Basic Average) is 126.82 Mil. Overall, JPMorgan UK Small Cap Growth &ome has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan UK Small Cap Growth &ome's Shares Outstanding (Basic Average) compare to BLK and BX?
JPMorgan UK Small Cap Growth &ome's Shares Outstanding (Basic Average) of 126.82 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 JPMorgan UK Small Cap Growth &ome and its competitors. JPMorgan UK Small Cap Growth &ome's current Shares Outstanding (Basic Average) is 126.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan UK Small Cap Growth &ome stock overvalued right now?
JPMorgan UK Small Cap Growth &ome (LSE:JUGI) has a current Shares Outstanding (Basic Average) of 126.82 Mil. The current Shares Outstanding (Basic Average) is 126.82 Mil. JPMorgan UK Small Cap Growth &ome's overall GF Score™ is 32/100 with 3 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 JPMorgan UK Small Cap Growth &ome (LSE:JUGI), the current Shares Outstanding (Basic Average) is 126.82 Mil as of Jan. 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.

JPMorgan UK Small Cap Growth &ome Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan UK Small Cap Growth & Income PLC is an investment trust company. Its investment objective is to achieve capital growth from UK listed smaller companies by out-performance of the company's benchmark index, the FTSE Small Cap Index and a rising share price over the longer term by taking carefully controlled risks. In order to achieve its objective, the company invests in a diversified portfolio of small companies, emphasizing capital rather than income growth. The company manages its risk relative to its benchmark index by limiting the active portfolio exposure to stocks and sectors. It mainly invests in smaller companies which tend to be more volatile than larger companies.
32GF 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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