| CMS Energy is a holding company. Through its subsidiaries, Co. is an energy company. Co.'s subsidiaries include Consumers Energy Company, which is an electric and gas utility; and CMS Enterprises Company, which is a power producer and marketer. Co.'s segments are: electric utility, which includes the generation, purchase, distribution, and sale of electricity; gas utility, which includes the purchase, transmission, storage, distribution, and sale of natural gas; and enterprises, its non-utility operations and investments, which engages in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. We show 41 historical shares outstanding datapoints in our coverage of CMS's shares outstanding history.
Understanding the changing numbers of CMS shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CMS 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 CMS by allowing them to research CMS shares outstanding history
as well as any other stock in our coverage universe.