Telkom Indonesia (Persero) Tbk PT Shares float
What is the Shares float of Telkom Indonesia (Persero) Tbk PT?
The Shares float of Telkom Indonesia (Persero) Tbk PT is 0.000 0.00%
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 Communication Services sector on NYSE compared to Telkom Indonesia (Persero) Tbk PT
What does Telkom Indonesia (Persero) Tbk PT do?
Telkom Indonesia (Persero) Tbk PT is an Indonesian multinational telecommunications conglomerate. Telkom has major business lines in fixed line telephony, internet, and data communications. It is operated as the parent company of the Telkom Group, which is engaged in a broad range of businesses which consist of telecommunication, multimedia, property, and financial services.
Companies with shares float similar to Telkom Indonesia (Persero) Tbk PT
- NUGL has Shares float of -299.800M -652.83%
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- Telkom Indonesia (Persero) Tbk PT has Shares float of 0.000 0.00%
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