Oconee Federal Financial is a savings and loan holding company. Through its subsidiary, Oconee Federal Savings and Loan Association, Co.'s principal business consists of accepting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, in one-to-four family residential mortgage loans and, to a lesser extent, nonresidential mortgage, construction and land, agricultural and other loans. In addition, Co. provides a selection of deposit accounts, including demand accounts, NOW accounts, money market accounts, savings accounts, certificates of deposit and individual retirement accounts. We show 53 historical shares outstanding datapoints in our coverage of OFED's shares outstanding history.
Understanding the changing numbers of OFED shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like OFED 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 OFED by allowing them to research OFED shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
