PT Gudang Garam Tbk Shares float
What is the Shares float of PT Gudang Garam Tbk?
The Shares float of PT Gudang Garam Tbk is 114.387M 23.78%
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 Consumer Staples sector on OTC compared to PT Gudang Garam Tbk
What does PT Gudang Garam Tbk do?
PT Gudang Garam Tbk produces and sells cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It is also involved in trading activities. In addition, the company provides non-scheduled air transportation and entertainment services. The company was formerly known as PT Perusahaan Rokok Tjap ÂGudang Garam Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.
Companies with shares float similar to PT Gudang Garam Tbk
- Killam Apartment REIT has Shares float of 114.125M 103.52%
- Jindal Saw has Shares float of 114.210M 35.72%
- Osino Resources has Shares float of 114.272M 73.78%
- PKS has Shares float of 114.300M 50.88%
- Edison Cobalt has Shares float of 114.343M 109.54%
- Dsd has Shares float of 114.356M 27.83%
- PT Gudang Garam Tbk has Shares float of 114.387M 23.78%
- Wincanton Plc has Shares float of 114.447M 91.93%
- Brookfield Renewable has Shares float of 114.455M 66.46%
- Pure Extracts Technologies has Shares float of 114.498M 98.06%
- Rockwell Automation has Shares float of 114.544M 99.23%
- Glen Eagle Resources has Shares float of 114.659M 80.13%
- Mid-America Apartment Communities has Shares float of 114.663M 100.59%