Africa Oil (AOI.TO) - Shares outstanding

Number of shares outstanding as of December 2025 : 468,472,433

According to Africa Oil's latest financial reports and stock price the company's current number of shares outstanding is 468,472,433. At the end of 2025 the company had 468,472,433 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Africa Oil from 2001 to 2025

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2025	0.46 B	5.76%
2024	0.44 B	-4.19%
2023	0.46 B	-3.14%
2022	0.47 B	0.8%
2021	0.47 B	0.33%
2020	0.47 B	0.16%
2019	0.47 B	0.14%
2018	0.47 B	3.06%
2017	0.45 B	0.04%
2016	0.45 B	4.82%
2015	0.43 B	39.43%
2014	0.31 B	23.45%
2013	0.25 B	14.49%
2012	0.22 B	4.56%
2011	0.21 B	131.29%
2010	91.36 M	33.57%
2009	68.4 M	285.16%
2008	17.75 M	3.04%
2007	17.23 M	34.06%
2006	12.85 M	104.2%
2005	6.29 M	22.7%
2004	5.13 M	1.78%
2003	5.04 M	52.83%
2002	3.29 M	38.76%
2001	2.37 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Number of shares outstanding for Africa Oil (AOI.TO)