J. C. Penney is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc. Co.'s business consists of selling merchandise and services to consumers through its department stores and its website at jcp.com. Co.'s department stores and website serve the same type of customers, its website provides virtually the same mix of merchandise as its store assortment plus other extended categories that are not provided in store, and its department stores generally accept returns from sales made in stores and via its website. Co. sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, and home furnishings. We show 41 historical shares outstanding datapoints in our coverage of JCP's shares outstanding history.
Understanding the changing numbers of JCP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like JCP 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 JCP by allowing them to research JCP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
