| Insteel Industries is a holding company. Through its subsidiaries, Co. is a manufacturer of steel wire reinforcing products for concrete construction applications. Co. manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pretensioned or posttensioned. WWR is produced as either a standard or an engineered reinforcing product for use in nonresidential and residential construction. We show 51 historical shares outstanding datapoints in our coverage of IIIN's shares outstanding history.|
Understanding the changing numbers of IIIN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like IIIN 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 IIIN by allowing them to research IIIN shares outstanding history
as well as any other stock in our coverage universe.