Meadowbrook Insurance Group is a holding company. Through its subsidiaries, Co. markets and underwrites specialty property and casualty insurance programs and products on both an admitted and non-admitted basis through a network of independent retail agents, wholesalers, program administrators and general agents. Co.'s agencies in Michigan, California, Massachusetts, and Florida produce commercial, personal lines, life and accident and health insurance, which are placed primarily with unaffiliated insurance carriers. Co. has four product categories: admitted programs and standard market products; main street excess and surplus lines; non-admitted programs; and specialty market products. We show 13 historical shares outstanding datapoints in our coverage of MIG's shares outstanding history.
Understanding the changing numbers of MIG shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MIG 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 MIG by allowing them to research MIG shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
