iHeartMedia Shares float
What is the Shares float of iHeartMedia?
The Shares float of iHeartMedia, Inc. is 141.382M 116.11%
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 Communication Services sector on NASDAQ compared to iHeartMedia
What does iHeartMedia do?
iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2021, this segment owned 863 radio stations, which included 249 AM and 614 FM radio stations. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web-based service for radio stations, digital-only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business. This segment also provides cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to approximately 10,000 radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas.
Companies with shares float similar to iHeartMedia
- Siburan Resources has Shares float of 141.256M 17.71%
- Data#3 has Shares float of 141.267M 91.52%
- Data#3 has Shares float of 141.267M 91.52%
- UrtheCast has Shares float of 141.284M 98.85%
- ClearVue Technologies has Shares float of 141.376M 65.13%
- Indosolar has Shares float of 141.379M 38.00%
- iHeartMedia has Shares float of 141.382M 116.11%
- KLA-Tencor has Shares float of 141.431M 90.18%
- EuroEyes International Eye Clinic has Shares float of 141.560M 43.00%
- Proximus SA has Shares float of 141.663M 43.89%
- New Placer Dome Gold has Shares float of 141.708M 82.40%
- New Placer Dome Gold has Shares float of 141.708M 82.40%
- Ava Risk has Shares float of 141.720M 58.34%