Mondi plc Shares float
What is the Shares float of Mondi plc?
The Shares float of Mondi plc is 478.042M 98.45%
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 LSE compared to Mondi plc
What does Mondi plc do?
Mondi plc engages in the manufacture and sale of packaging and paper products in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia. It operates in Corrugated Packaging, Flexible Packaging, Engineered Materials, and Uncoated Fine Paper segments. The company offers flexible packaging, bags, and pouches; personal care components; release liners; technical films; corrugated packaging solutions; industrial bags; barrier coatings; specialty Kraft and sack Kraft papers; containerboards; and office and professional printing papers. It serves customers in the agriculture, automotive, building and construction, chemicals and dangerous goods, food and beverages, graphic and photographic, home and personal care, medical and pharmaceutical, office and professional printing, paper and packaging converting, pet care, retail and e-commerce, and shipping and transport industries. The company was founded in 1967 and is based in Addlestone, the United Kingdom.
Companies with shares float similar to Mondi plc
- Chinese Estates has Shares float of 476.924M 25.00%
- Syncona has Shares float of 476.930M 71.53%
- Ping An Healthcare and Technology has Shares float of 477.095M 41.58%
- Horizon Minerals has Shares float of 477.284M 76.63%
- Digital Hollywood Interactive has Shares float of 477.334M 23.87%
- Bion Plc Ord Npv has Shares float of 478.005M 110.72%
- Mondi plc has Shares float of 478.042M 98.45%
- Li Bao Ge has Shares float of 478.330M 47.83%
- Canvest Environmental Protection has Shares float of 478.467M 19.61%
- Noble has Shares float of 478.954M 98.82%
- Noble has Shares float of 478.954M 98.82%
- Bluechiip has Shares float of 479.096M 80.13%
- Noble has Shares float of 479.164M 99.41%