Companhia Energetica de Minas Gerais is a holding company. Through its subsidiaries, Co. is engaged in transactions to buy and sell energy. Co. also engages in the following businesses which include: distributed generation, account services, cogeneration, supply and storage management; sale and trading of energy, through structuring and intermediation of purchase and sale transactions, trading energy in the Free Market, through its wholly-owned subsidiaries CEMIG Trading S.A. and Empresa de Servicos de Comercializacao de Energia Eletrica S.A.; and acquisition, transport and distribution of gas and its subproducts and derivatives through Companhia de Gas de Minas Gerais. We show 1 historical shares outstanding datapoints in our coverage of CIG's shares outstanding history.
Understanding the changing numbers of CIG shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CIG 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 CIG by allowing them to research CIG shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
