Tingo Group is a holding company conducting financial technology business and agri-fintech business through its subsidiaries and entities, both wholly-owned and controlled through various VIE arrangements, which are located in Africa, Southeast Asia and the Middle East. Co.'s segments are: Verticals and Technology, which is comprised of Co.'s operations in China where Co. has three VIE Entities through which it operates, its business of insurance brokerage; Online Stock Trading, which is comprised the operation of Magpie Securities Limited through which it operates the business of online stock trading; and Comprehensive Platform Service, which includes the operations of Tingo Mobile. We show 4 historical shares outstanding datapoints in our coverage of TIO's shares outstanding history.
Understanding the changing numbers of TIO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like TIO 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 TIO by allowing them to research TIO shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
