Applied Industrial Technologies is a distributor and solutions provider of industrial motion, power, control, and automation technologies. Co.'s segments are Service Center Based Distribution and Engineered Solutions. Co.'s Service Center Based Distribution segment provides products and services addressing the maintenance and repair of motion control infrastructure and production equipment. Co.'s Engineered Solutions segment focuses on distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services, as well as automation solutions, including machine vision. We show 58 historical shares outstanding datapoints in our coverage of AIT's shares outstanding history.
Understanding the changing numbers of AIT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like AIT 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 AIT by allowing them to research AIT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
