O-I Glass is a manufacturer of glass container products. Co.'s principal product lines are glass containers for the food and beverage industries. Co. has glass container operations located in various countries. The principal markets and operations for Co.'s products are in the Americas and Europe. Co. produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine. Co. also produces glass packaging for a variety of food items, soft drinks, teas, juices and pharmaceuticals. Co. manufactures glass containers in a range of sizes, shapes and colors. We show 56 historical shares outstanding datapoints in our OI shares outstanding history coverage, used to compute OI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OI market cap history over the course of time is important for investors
interested in comparing OI'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 OI versus a peer is one thing; comparing
OI 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 OI can fluctuate over the course of history.
With this page we aim to empower investors researching OI by allowing them to research the OI market cap history. |
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Video: The Importance of Market Cap
