Dryships is an international owner of drybulk carriers and offshore support vessels. As of Mar. 10, 2017, Co. owned a fleet of 13 Panamax drybulk carriers, which have a combined deadweight tonnage (dwt) of approx. 1.0 million dwt and an average age of approx. 13.5 years, one VLCC and one Aframax tanker newbuilding, 2 VLGC newbuildings, and six offshore supply vessels and four oil spill recovery vessels and have an average age of approx. 4.0 years. Co.'s drybulk carriers and offshore support vessels operate worldwide within the trading limits imposed by Co.'s insurance terms and do not operate in areas where United States, European Union or United Nations sanctions have been imposed. We show 5 historical shares outstanding datapoints in our coverage of DRYS's shares outstanding history.
Understanding the changing numbers of DRYS shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DRYS 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 DRYS by allowing them to research DRYS shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
