Ardagh Group is a holding company. Through its subsidiaries, Co. is engaged in supplying rigid packaging solutions. Co.'s products include metal and glass containers primarily for food and beverage markets. Co.'s end-use categories include beer, wine, spirits, carbonated soft drinks, energy drinks, juices and water, as well as food and pharmaceuticals. Co. manages its business in two divisions, Metal Beverage Packaging and Glass Packaging. Co.'s Metal Beverage Packaging division supplies consumer metal beverage packaging. Co.'s Glass Packaging division manufactures both proprietary and non-proprietary glass containers for a variety of end-use categories, mainly beverage and food. We show 5 historical shares outstanding datapoints in our ARD shares outstanding history coverage, used to compute ARD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ARD market cap history over the course of time is important for investors
interested in comparing ARD'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 ARD versus a peer is one thing; comparing
ARD 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 ARD can fluctuate over the course of history.
With this page we aim to empower investors researching ARD by allowing them to research the ARD market cap history. |
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Video: The Importance of Market Cap
