SuperworthAmerican Resources shares outstanding AREC
Diluted shares outstanding, averaged over each quarter, from 2013.
- Latest quarter, to Dec 31, 2025
- 102.4M
- On a year earlier
- +32.6%
- more shares
American Resources had 102.4M diluted shares outstanding on average in Q4 FY25, the quarter to Dec 31, 2025.
That is 32.6% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 102.4M | +33% |
| FY2024 | 77.2M | +3% |
| FY2023 | 75.1M | +22% |
| FY2021 | 61.6M | +69% |
| FY2020 | 36.4M | +33% |
| FY2019 | 27.3M | +2963% |
| FY2017 | 890.3K | +6% |
| FY2016 | 838.1K | +2% |
| FY2015 | 821.2K | +26% |
| FY2014 | 653.5K | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q4 FY25 | 102.4M | +33% | |
| Q3 FY25 | 84.3M | +9% | |
| Q1 FY25 | 79M | +3% | |
| Q4 FY24 | 77.2M | +3% | |
| Q3 FY24 | 77.4M | +2% | |
| Q2 FY24 | 77.4M | +2% | |
| Q1 FY24 | 76.4M | +5% | |
| Q4 FY23 | 75.1M | n/a | |
| Q3 FY23 | 76.2M | n/a | |
| Q2 FY23 | 76.2M | n/a | |
| Q1 FY23 | 73M | +12% | |
| Q1 FY22 | 65.3M | +39% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on American Resources
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.