The Bank of Nova Scotia Shares float
What is the Shares float of The Bank of Nova Scotia?
The Shares float of The Bank of Nova Scotia is 1.178B 95.99%
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 The Bank of Nova Scotia
What does The Bank of Nova Scotia do?
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
Companies with shares float similar to The Bank of Nova Scotia
- 7Road has Shares float of 1.175B 42.66%
- Zhejiang Expressway Co has Shares float of 1.176B 82.00%
- Delta Drone SA has Shares float of 1.176B 95.98%
- Delta Drone SA has Shares float of 1.176B 95.98%
- China Aoyuan Property has Shares float of 1.176B 39.67%
- Silver Mines has Shares float of 1.177B 91.09%
- The Bank of Nova Scotia has Shares float of 1.178B 95.99%
- Surefire Resources NL has Shares float of 1.178B 106.71%
- Motherson Sumi Systems has Shares float of 1.179B 37.33%
- APA has Shares float of 1.179B 99.95%
- APA Stapled Securities has Shares float of 1.179B 99.95%
- The Bank of Nova Scotia has Shares float of 1.180B 97.05%
- Blue Star Helium has Shares float of 1.180B 74.42%