Albany International is engaged in two business segments: Machine Clothing and Albany Engineered Composites (AEC). The Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. This segment also supplies customized, consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The AEC segment provides engineered, composite structures based on proprietary technology to customers in the aerospace and defense industries. We show 36 historical shares outstanding datapoints in our coverage of AIN's shares outstanding history.
Understanding the changing numbers of AIN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like AIN 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 AIN by allowing them to research AIN shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
