Pyxus International is a leaf tobacco merchant engaged in purchasing, processing, packing, storing, and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products. Co. also provides agronomy knowledge for growing leaf tobacco. Co.'s tobacco is primarily purchased directly from suppliers with small quantities still purchased at auction. Co. purchases seeds, fertilizer, pesticides, and other products related to growing tobacco, which Co. is contractually obligated to purchase. Co. also sells a small amount of processed but unthreshed flue-cured and burley tobacco in loose-leaf and bundle form to certain customers. We show 8 historical shares outstanding datapoints in our coverage of PYX's shares outstanding history.
Understanding the changing numbers of PYX shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PYX 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 PYX by allowing them to research PYX shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
