Aflac Incorporated is a provider of supplemental health insurance products. Co.'s insurance business is marketed and administered through Aflac Life Insurance Japan Ltd. (ALIJ) in Japan and through American Family Life Assurance Co. of Columbus (Aflac), American Family Life Assurance Co. of New York (Aflac New York), Continental American Insurance Co. (CAIC), Tier One Insurance Co. (TOIC) and Aflac Benefit Solutions, Inc. (ABS) in the U.S.. Its segments include Aflac Japan and Aflac U.S. Aflac Japan is designed to help consumers pay for medical and non-medical costs that are not reimbursed under Japan's national health insurance system. We show 64 historical shares outstanding datapoints in our AFL shares outstanding history coverage, used to compute AFL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AFL market cap history over the course of time is important for investors
interested in comparing AFL's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of AFL versus a peer is one thing; comparing
AFL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AFL can fluctuate over the course of history.
With this page we aim to empower investors researching AFL by allowing them to research the AFL market cap history. |
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Video: The Importance of Market Cap
