Junebug, Float refers to the total number of s
Post# of 17862
Posted On: 04/28/2013 4:03:12 PM
Junebug,
Float refers to the total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.
For example, a company with ten billion shares outstanding, may only have four billion shares that are currently trading. Therefore, such a company would have a float of four billion shares.
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