TXNM Energy, Inc., formerly PNM Resources, Inc., is an energy holding company. Co. provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas through its regulated utilities, Public Service Co. of New Mexico (PNM) and Texas-New Mexico Power Co.'s (TNMP). PNM is a regulated utility in New Mexico with operations primarily engaged in the generation, transmission and distribution of electricity. PNM serves nearly 550,000 New Mexico residential and business customers in Greater Albuquerque, Rio Rancho, Los Lunas, and others. TNMP provides transmission and distribution services in Texas. We show 3 historical shares outstanding datapoints in our coverage of TXNM's shares outstanding history.
Understanding the changing numbers of TXNM shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like TXNM 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 TXNM by allowing them to research TXNM shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
