Applied Industrial Technologies is a distributor of bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, and other industrial supplies. Co. also provides, among others, engineering, design, systems integration, fluid power, flow control applications, customized mechanical, as well as fabricated rubber. Co. has two segments: service center based distribution, which provides a range of industrial products primarily through a network of service centers; and fluid power and flow control, which consists of specialized companies that distribute components, design and assemble equipment and systems, and perform equipment repair. We show 37 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. |
Video: Shares Outstanding Importance
