Manulife Financial is a holding company. Through its subsidiaries, Co. is a life insurance company. Co.'s four operating segments are: Asia, which includes a range of health, protection, savings, medical, term and whole life products; Canada, which provides life, health, disability and specialty products, such as mortgage creditor and travel insurance; U.S., which provides a range of life insurance products, insurance-based wealth accumulation products, and has an in-force long-term care insurance business and an in-force annuity business; and Global Wealth and Asset Management, which provides investment advice and solutions to retirement, retail and institutional clients. We show 12 historical shares outstanding datapoints in our MFC shares outstanding history coverage, used to compute MFC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MFC market cap history over the course of time is important for investors
interested in comparing MFC'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 MFC versus a peer is one thing; comparing
MFC 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 MFC can fluctuate over the course of history.
With this page we aim to empower investors researching MFC by allowing them to research the MFC market cap history. |
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Video: The Importance of Market Cap
