RigNet a global technology company that provides customized data and communications services. Co.'s segments are: Managed Communications Services, which provides remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites; Applications and Internet-of-Things, which provides applications over-the-top of the network layer including Software as a Service offerings such as a real-time machine learning and AI data platform, Cyphre® Encryption, and cybersecurity services; and Systems Integration, which provides design and implementation services for customer telecommunications systems. We show 43 historical shares outstanding datapoints in our coverage of RNET's shares outstanding history.
Understanding the changing numbers of RNET shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RNET 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 RNET by allowing them to research RNET shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
