PowerShares Buyback Achievers Portfolio is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield of the NASDAQ Buyback Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. As of Apr 30 2013, the Fund's total assets were $446,159,441 and the Fund's investments portfolio was valued at $418,944,850. We show 1 historical shares outstanding datapoints in our coverage of PKW's shares outstanding history.
Understanding the changing numbers of PKW shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PKW 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 PKW by allowing them to research PKW shares outstanding history
as well as any other stock in our coverage universe. |