ITT is a manufacturer of engineered components and customized technology solutions for the transportation, industrial, and oil and gas markets. Co.'s segments are: Motion Technologies, which manufactures brake pads, shims, shock absorbers, energy absorption components, and sealing technologies; Industrial Process, which provides a portfolio of industrial pumps, valves, and plant optimization systems and services; and Connect and Control Technologies, which designs and manufactures a range of connectors and products for applications supporting various markets including aerospace and defense, industrial, transportation, medical, and oil and gas. We show 35 historical shares outstanding datapoints in our coverage of ITT's shares outstanding history.
Understanding the changing numbers of ITT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ITT 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 ITT by allowing them to research ITT shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
