Danaos is a holding company. Through its subsidiaries, Co. is an international owner of containerships, chartering its vessels to the liner companies. We show 15 historical shares outstanding datapoints in our coverage of DAC's shares outstanding history.
Understanding the changing numbers of DAC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DAC 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 DAC by allowing them to research DAC shares outstanding history
as well as any other stock in our coverage universe. |
Free DAC Email Alerts:
Video: Shares Outstanding Importance
