ITT is a manufacturer of engineered components and customized technology solutions for the transportation, industrial, and oil and gas markets. Co. operates through three segments: Motion Technologies, which manufactures brake components and sealing solutions, shock absorbers and damping technologies; Industrial Process, which manufactures engineered fluid process equipment and is a provider of plant optimization and efficiency solutions and aftermarket services and parts; and Connect & Control Technologies, which manufactures harsh-environment connector solutions and critical energy absorption and flow control components. We show 33 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
