PT Bank Rakyat Indonesia (Persero) Tbk Shares float
What is the Shares float of PT Bank Rakyat Indonesia (Persero) Tbk?
The Shares float of PT Bank Rakyat Indonesia (Persero) Tbk is 1.259B 41.94%
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 Finance sector on OTC compared to PT Bank Rakyat Indonesia (Persero) Tbk
What does PT Bank Rakyat Indonesia (Persero) Tbk do?
PT Bank Rakyat Indonesia (Persero) Tbk provides various banking products and services in Indonesia, Singapore, Timor Leste, Hong Kong, Taiwan, Singapore, and the United States. The company offers current and savings accounts; time deposits; house, micro business, working capital, investment, food, warehouse receipt, partnership, franchise, and cash collateral loans; and supply chain financing solutions. It also provides banking services, such as bill payment, deposit, online transaction, money transfer, and remittance services; investment products, such as pension and mutual funds, and retail bonds and retail sukuk products; import and export services; letter of credits; and BRI RTE online system and money changer services. In addition, the company offers Internet banking and merchant services; credit cards; wealth management services; business guarantee and clearing business services; financial and institutional business banking services; and treasury, custodian, trustee, and cash management services. PT Bank Rakyat Indonesia (Persero) Tbk was founded in 1895 and is headquartered in Jakarta, Indonesia.
Companies with shares float similar to PT Bank Rakyat Indonesia (Persero) Tbk
- Gilead Sciences has Shares float of 1.253B 99.90%
- Logan Property has Shares float of 1.256B 22.09%
- Tongcheng-Elong has Shares float of 1.256B 56.29%
- Ballarpur Industries has Shares float of 1.257B 97.20%
- Actinogen Medical has Shares float of 1.257B 69.61%
- GTI Resources has Shares float of 1.258B 111.48%
- PT Bank Rakyat Indonesia (Persero) Tbk has Shares float of 1.259B 41.94%
- Suncorp has Shares float of 1.260B 99.79%
- Echo Plc has Shares float of 1.261B 96.31%
- Pak Tak International has Shares float of 1.266B 32.45%
- Cenovus has Shares float of 1.266B 65.99%
- Innovent Biologics has Shares float of 1.267B 86.35%
- MTN has Shares float of 1.269B 70.19%