Ares Capital is a finance company that is a closed-end management investment company. Co.'s investment objective is to generate both current income and capital appreciation through debt and equity investments. Co. invests primarily in United States middle-market companies. Co. invests primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position), second lien senior secured loans and mezzanine debt, which in some cases includes an equity component. To a lesser extent, Co. also make preferred and/or common equity investments. We show 46 historical shares outstanding datapoints in our coverage of ARCC's shares outstanding history.
Understanding the changing numbers of ARCC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ARCC 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 ARCC by allowing them to research ARCC shares outstanding history
as well as any other stock in our coverage universe. |