Reliance Steel & Aluminum is a metal solutions provider and a metals service center company in North America (U.S. and Canada). Co. provides metals processing services and distributes a line of metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products, to its customers in a range of industries, including general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industry. Co. also services the auto industry, primarily through its toll processing operations where it processes the metal for a fee, without taking ownership of the metal. We show 59 historical shares outstanding datapoints in our coverage of RS's shares outstanding history.
Understanding the changing numbers of RS shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RS 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 RS by allowing them to research RS shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
