IT Tech Packaging, Inc., formerly Orient Paper, Inc. is a holding company for the Hebei Baoding Orient Paper Milling Co. Limited (Orient Paper HB), a producer and distributor of paper products in China. Co. is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. Co., through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. Co. operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. We show 10 historical shares outstanding datapoints in our coverage of ITP's shares outstanding history.
Understanding the changing numbers of ITP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ITP 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 ITP by allowing them to research ITP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
