Rent-A-Center is a holding company. Through its subsidiaries, Co. provides a service for consumers to obtain ownership of products under a lease-purchase agreement with no long-term debt obligation. Co.'s segments are: Acima, which provides the lease-to-own transaction to consumers who do not qualify for financing from the retailer; Rent-A-Center Business, which operates retail installment sales stores under the names Get It Now and Home Choice; Mexico, which consists of its company-owned lease-to-own stores in Mexico; and Franchising, which sells rental merchandise to its franchisees who, in turn, provide the merchandise to the public for rent or purchase under a lease-to-own transaction. We show 52 historical shares outstanding datapoints in our coverage of RCII's shares outstanding history.
Understanding the changing numbers of RCII shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RCII 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 RCII by allowing them to research RCII shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
