Is Shares Outstanding the Same As Float? No, though the two both relate to the number of shares a public company has issued.Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Floating stock, aka float, refers to the number of shares a company actually has available to trade in the open market. What Is a Stock's Float? Float refers to the number of issued shares available for trading of a particular stock—that is, they are available to be bought and sold on financial exchanges and stock markets. It excludes closely-held or insider shares: those owned by corporate management and employees, certain large or institutional investors who have controlling stakes or seats on the board of directors, or company-owned foundations.
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