Rakuten Shares float
What is the Shares float of Rakuten?
The Shares float of Rakuten, Inc. is 912.403M 60.48%
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 Discretionary sector on OTC compared to Rakuten
What does Rakuten do?
Rakuten Group, Inc. offers internet services in Japan and internationally. It operates through three segments: Internet Services, FinTech, and Mobile segments. The Internet Services segment operates Rakuten Ichiba, an internet shopping mall; Rakuten Books, an online bookstore; Rakuten Travel, an internet travel site; Rakuten Gora, an online golf course reservation service; Rakuten Fashion, an online fashion store; Rakuma, a flea market app; Rakuten Rewards, which offers online cash-back services; and Rakuten 24, an internet shopping site that sells medical supplies and daily necessities. It also offers mobile messaging and VoIP, performance marketing, and e-book services. The FinTech segment issues credit cards; offers internet banking, general and life insurance, and payment services; and operates online securities trading platform. The Mobile segment provides mobile communication, optical broadband line, and power supply services. The company was formerly known as Rakuten, Inc. and changed its name to Rakuten Group, Inc. in April 2021. Rakuten Group, Inc. was incorporated in 1997 and is headquartered in Tokyo, Japan.
Companies with shares float similar to Rakuten
- Zee Entertainment Enterprises has Shares float of 909.919M 94.73%
- Chuang's China Investments has Shares float of 910.462M 38.78%
- Universal Medical & Technical Advisory Services has Shares float of 911.401M 48.18%
- Bce Inc has Shares float of 911.405M
- Environmental Clean Technologies has Shares float of 912.187M 59.41%
- Trident has Shares float of 912.212M 17.90%
- Rakuten has Shares float of 912.403M 60.48%
- Experian Plc has Shares float of 912.497M 98.87%
- Experian Plc has Shares float of 912.497M 98.87%
- Avenira has Shares float of 912.782M 105.79%
- The British Land Co. Plc has Shares float of 912.794M 98.49%
- British Land Plc has Shares float of 912.794M 98.49%
- Komatsu has Shares float of 913.390M 96.63%