Safety Insurance Group is a holding company. Through its subsidiaries, Co. is a provider of private passenger automobile, commercial automobile, and homeowners insurance in Massachusetts. In addition, Co. provides a portfolio of other insurance products, including dwelling fire, umbrella and business owner policies. Co.'s product lines include: Private Passenger Automobile, which provides coverage for bodily injury and property damage to others; Homeowners, which provides coverage for losses to a dwelling and its contents from various perils; and Business Owner Policies which provide liability and property coverage for various perils, including business interruption from a covered loss. We show 57 historical shares outstanding datapoints in our coverage of SAFT's shares outstanding history.
Understanding the changing numbers of SAFT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SAFT 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 SAFT by allowing them to research SAFT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
