Sonoco Products is a manufacturer of a variety of consumer, industrial and healthcare packaging products. Co. has two segments: Consumer Packaging, which includes round and shaped rigid paper containers, fiber and plastic caulk/adhesive tubes, rotogravure cylinder engraving and global brand artwork management; and Industrial Paper Packaging, which includes recycled paperboard, chipboard, tubeboard, lightweight corestock, boxboard, corrugating medium, edgeboard, specialty paper grades, and adhesives. All remaining businesses reported as All Other, which includes thermoformed rigid plastics trays and devices, custom-engineered, molded foam packaging and components, and paper amenities. We show 56 historical shares outstanding datapoints in our SON shares outstanding history coverage, used to compute SON market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SON market cap history over the course of time is important for investors
interested in comparing SON'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 SON versus a peer is one thing; comparing
SON 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 SON can fluctuate over the course of history.
With this page we aim to empower investors researching SON by allowing them to research the SON market cap history. |
Free SON Email Alerts:
Video: The Importance of Market Cap
