Ameriprise Financial is a holding company. Through its subsidiaries, Co. provides financial planning, products and services as solutions for clients' cash and liquidity, asset accumulation, income, protection and estate and wealth transfer needs. Co.'s segments are: Advice and Wealth Management, which provides financial planning and advice and brokerage services mainly to retail clients through its financial advisors; Asset Management, which provides investment management, advice and products to retail and institutional clients through Columbia Threadneedle Investments® brand; and Retirement and Protection Solutions, which provides clients annuities, life insurance and disability insurance. We show 56 historical shares outstanding datapoints in our AMP shares outstanding history coverage, used to compute AMP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Ameriprise Financial market cap history over the course of time is important for investors
interested in comparing Ameriprise Financial'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 Ameriprise Financial versus a peer is one thing; comparing
Ameriprise Financial 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 Ameriprise Financial can fluctuate over the course of history.
With this page we aim to empower investors researching Ameriprise Financial by allowing them to research the Ameriprise Financial market cap history. |
Free AMP Email Alerts:
Video: The Importance of Market Cap
