Indonesia Energy (INDO) - Shares outstanding

Number of shares outstanding at the end of 2022: 8,888,421

According to Indonesia Energy's latest financial reports and stock price the company's current number of shares outstanding is 8,888,421. At the end of 2022 the company had 8,888,421 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Indonesia Energy from 2017 to 2022

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2022	8.88 M	19.78%
2021	7.42 M	0.34%
2020	7.39 M	22.26%
2019	6.04 M	-17.86%
2018	7.36 M	0%
2017	7.36 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 Indonesia Energy (INDO)