PT Semen Indonesia (Persero) Tbk Shares float
What is the Shares float of PT Semen Indonesia (Persero) Tbk?
The Shares float of PT Semen Indonesia (Persero) Tbk is 145.301M 48.99%
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 Materials sector on OTC compared to PT Semen Indonesia (Persero) Tbk
What does PT Semen Indonesia (Persero) Tbk do?
PT Semen Indonesia (Persero) Tbk, together with its subsidiaries, manufactures, packs, and distributes cement in Indonesia and internationally. The company is also involved in limestone and clay mining; cement bag manufacturing; industrial real estate development and building rental; ready-mix concrete and aggregates quarry production; and consulting, mining, trading, transportation, and construction activities. In addition, it engages in the information system, investment, freight forwarding, stevedoring, sea transportation, service logistic management, outsourcing, and building materials businesses, as well as procures public goods and services. The company was formerly known as PT Semen Gresik (Persero) Tbk and changed its name to PT Semen Indonesia (Persero) Tbk in January 2013. PT Semen Indonesia (Persero) Tbk was founded in 1953 and is headquartered in Jakarta Selatan, Indonesia.
Companies with shares float similar to PT Semen Indonesia (Persero) Tbk
- ResMed has Shares float of 145.072M 101.80%
- IRB Infrastructure Developers has Shares float of 145.122M 24.03%
- Webis plc has Shares float of 145.134M 36.90%
- Beijing Capital Grand has Shares float of 145.180M 15.10%
- CyanConnode plc has Shares float of 145.184M 66.00%
- Wentworth Resources plc has Shares float of 145.299M 81.61%
- PT Semen Indonesia (Persero) Tbk has Shares float of 145.301M 48.99%
- Gibson has Shares float of 145.305M 99.16%
- Yuk Wing has Shares float of 145.316M 38.24%
- Defense Metals has Shares float of 145.363M 69.99%
- Highfield Resources has Shares float of 145.404M 39.90%
- Finet has Shares float of 145.432M 21.82%
- Arvind has Shares float of 145.451M 55.75%