Sinclair is a media company. The content, distributed through Co.'s broadcast platform and third-party platforms, consists of programming provided by third-party networks and syndicators, local news, college and sports, and other original programming produced by Co. Additionally, Co. owns digital media products that are complementary to its portfolio of television station and regional sports network related digital properties. Outside of its media related businesses, Co. operates technical services companies focused on supply and maintenance of broadcast transmission systems as well as research and development for the improvement of broadcast technology. We show 57 historical shares outstanding datapoints in our coverage of SBGI's shares outstanding history.
Understanding the changing numbers of SBGI shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SBGI 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 SBGI by allowing them to research SBGI shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
