Alcoa is a vertically integrated aluminum company comprised of bauxite mining, alumina refining, aluminum production (smelting, casting, and rolling), and energy generation. Through direct and indirect ownership, Co. has 30 operating locations in nine countries around the world, situated primarily in Australia, Brazil, Canada, Iceland, Norway, Spain, and United States. We show 15 historical shares outstanding datapoints in our coverage of AA's shares outstanding history.
Understanding the changing numbers of AA shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like AA versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching AA by allowing them to research AA shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
