Weighted-Average Shares Outstanding (Diluted): The number of shares held by shareholders including insiders but not including a company's treasury shares assuming conversion of all convertible debt, securities, warrants and options, sourced from the company 10-K or 10-Q SEC reports.

VALE S.A. (VALE) had Weighted-Average Shares Outstanding (Diluted) of 4.28B for the most recently reported fiscal year, ending 2024-12-31.