Universal is a holding company. Through its subsidiaries, Co. is a global business-to-business agri-products supplier to consumer product manufacturers. The primary portion of Co.'s business involves procuring and processing flue-cured, burley, and dark air-cured leaf tobacco for manufacturers of consumer tobacco products. Through its plant-based ingredients platform, Co. provides a variety of manufacturing processes to produce vegetable- and fruit-based ingredients as well as botanical extracts and flavorings for human and pet food end markets. Co. supports consumer product manufacturers by selling them agri-products and performing related services for them. We show 51 historical shares outstanding datapoints in our UVV shares outstanding history coverage, used to compute UVV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UVV market cap history over the course of time is important for investors
interested in comparing UVV'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 UVV versus a peer is one thing; comparing
UVV 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 UVV can fluctuate over the course of history.
With this page we aim to empower investors researching UVV by allowing them to research the UVV market cap history. |
Free UVV Email Alerts:
Video: The Importance of Market Cap
