TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the U.S. and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generate 7,300 megawatt of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. We show 15 historical shares outstanding datapoints in our TAC shares outstanding history coverage, used to compute TAC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TAC market cap history over the course of time is important for investors
interested in comparing TAC'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 TAC versus a peer is one thing; comparing
TAC 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 TAC can fluctuate over the course of history.
With this page we aim to empower investors researching TAC by allowing them to research the TAC market cap history. |
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Video: The Importance of Market Cap
