Universal is a holding company. Through its subsidiary, Co. is engaged in supplying leaf tobacco. Co.'s primary business is procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. In addition to its leaf tobacco business, Co. is involved in other tobacco and agribusiness activities. Co.'s wholly-owned subsidiary, AmeriNic, Inc. produces liquid nicotine for tobacco products. Co.'s wholly owned subsidiary, Global Laboratory Services, Inc., provides testing for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors. We show 43 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. |
Video: The Importance of Market Cap
