Ponsse Oyj Shares float
What is the Shares float of Ponsse Oyj?
The Shares float of Ponsse Oyj is 8.725M 31.20%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Miscellaneous sector on LSE compared to Ponsse Oyj
What does Ponsse Oyj do?
Ponsse Oyj, together with its subsidiaries, develops, manufactures, and sells cut-to-length forest machines Northern Europe, Central and Southern Europe, Russia and Asia, North and South America, and internationally. Its products include harvesters, forwarders, harvester heads, and dual machines. The company also offers information system products, such as harvester and forwarder systems; forest machine; and wood procurement systems; and simulators. In addition, it provides spare parts; and used machines. Ponsse Oyj was founded in 1970 and is headquartered in Vieremä, Finland.
Companies with shares float similar to Ponsse Oyj
- Gravitas Ii Capital Corp has Shares float of 8.688M 36.68%
- Selan Exploration Technology has Shares float of 8.692M 57.18%
- Bilcare has Shares float of 8.697M 36.94%
- mVISE AG has Shares float of 8.714M 88.48%
- ATEME SA has Shares float of 8.714M 77.66%
- Kuke Music has Shares float of 8.723M 29.50%
- Ponsse Oyj has Shares float of 8.725M 31.20%
- Blue Star Foods has Shares float of 8.732M 34.19%
- aurionPro Solutions has Shares float of 8.738M 38.32%
- Global Water Resources has Shares float of 8.742M 38.60%
- Imagin Medical has Shares float of 8.751M 94.51%
- Studio City International has Shares float of 8.755M 7.91%
- International Metals Mining Cor has Shares float of 8.758M 90.11%