Lancaster Colony is a manufacturer and marketer of food products for the retail and foodservice channels. Co. has two reportable segments: Retail and Foodservice. Within its Retail segment, the primary food products Co. manufactures and sells include: frozen garlic breads, frozen Parkerhouse style yeast rolls and dinner rolls, salad dressings, vegetable dips and fruit dips, salad dressings, and croutons and salad toppings. Within its Foodservice segment, the primary food products Co. manufactures and sells include: salad dressings, frozen garlic breads, frozen Parkerhouse style yeast rolls and dinner rolls, and frozen pasta. We show 57 historical shares outstanding datapoints in our coverage of LANC's shares outstanding history.
Understanding the changing numbers of LANC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like LANC 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 LANC by allowing them to research LANC shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
