Posts  / #POST-212507
REDDIT

Anyone know why Chevron outstanding shares jumped from 1.7 billion to 2 billion in 1 quarter?

F
Nov 22, 2025 · 10:43

See [https://www.macrotrends.net/stocks/charts/CVX/chevron/shares-outstanding](https://www.macrotrends.net/stocks/charts/CVX/chevron/shares-outstanding)

I couldn't find any news.

Is this all just C-suit executing their options? So the whole buyback program with multiple billions is a joke to shift money to the C-suits?

3 years of buybacks were undone in 1 quarter.

"Shares issued for share-based compensation" in the quarterly report shows only 100 million $.

While the share repurchases costed 10 billion for 9 months!