Anixter International, through its subsidiaries, is a distributor of network and security solutions, electrical and electronic solutions, and utility power solutions. Co.'s segments are: Network and Security Solutions, which supplies products and customized Supply Chain Solutions; Electrical and Electronic Solutions, which supplies a range of wire and cable, control, power/gear, lighting and core electrical products and customized supply chain solutions; and Utility Power Solutions, which supplies electrical transmission and distribution products, power plant maintenance, repair and operations supplies and smart-grid products, and arranges materials management and procurement outsourcing. We show 43 historical shares outstanding datapoints in our AXE shares outstanding history coverage, used to compute AXE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AXE market cap history over the course of time is important for investors
interested in comparing AXE'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 AXE versus a peer is one thing; comparing
AXE 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 AXE can fluctuate over the course of history.
With this page we aim to empower investors researching AXE by allowing them to research the AXE market cap history. |
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Video: The Importance of Market Cap
