Summit Materials is a holding company. Through its subsidiaries, Co. is a construction materials company. Co. produces and sells aggregates, cement, ready-mix concrete, asphalt paving mix and concrete products and owns and operates quarries, sand and gravel pits, cement plants, cement distribution terminals, ready-mix concrete plants, asphalt plants and landfill sites. Co. is also engaged in paving and related services. Co. has operations in various U.S. states and in British Columbia, Canada. In addition, Co. operates a municipal waste landfill in its East segment, and has construction and demolition debris landfills and liquid asphalt terminal operations in its West and East segments. We show 29 historical shares outstanding datapoints in our coverage of SUM's shares outstanding history.
Understanding the changing numbers of SUM shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SUM 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 SUM by allowing them to research SUM shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
