Ampco-Pittsburgh manufactures and sells engineered metal products and customized equipment. Co. operates in two segments: Forged and Cast Engineered Products (FCEP); and Air and Liquid Processing (ALP). The FCEP segment produces forged hardened steel rolls, cast rolls and forged engineered products. Forged hardened steel rolls are used primarily in hot and cold rolling mills by producers of steel, aluminum and other metals. Cast rolls are used mainly in hot strip mills, medium/heavy section mills, roughing mills, and plate mills. The ALP segment includes Aerofin, Buffalo Air Handling and Buffalo Pumps, all divisions of Air & Liquid Systems Corporation, a wholly owned subsidiary of Co. We show 52 historical shares outstanding datapoints in our coverage of AP's shares outstanding history.
Understanding the changing numbers of AP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like AP 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 AP by allowing them to research AP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
