PT XL Axiata Tbk Shares float
What is the Shares float of PT XL Axiata Tbk?
The Shares float of PT XL Axiata Tbk is 204.365M 38.31%
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 OTC compared to PT XL Axiata Tbk
What does PT XL Axiata Tbk do?
PT XL Axiata Tbk provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company offers cellular mobile and closed fixed network, Internet service provider, voice over Internet protocol, content provider, money remitter service, e-money issuance services, and Internet interconnection services. It also provides leased line, VPN MPLS, corporate Internet, and voice over Internet protocol services; mobile data and home broadband services; data center and cloud services; mobile communication services; and mobile advertising and big data services, such as messaging services, display services, and digital rewards, as well as Internet of Things based solutions. The company was formerly known as PT Excelcomindo Pratama Tbk. and changed its name to PT XL Axiata Tbk in 2009. The company was founded in 1989 and is headquartered in Jakarta Selatan, Indonesia. PT XL Axiata Tbk is a subsidiary of Axiata Investments (Indonesia) Sdn. Bhd.
Companies with shares float similar to PT XL Axiata Tbk
- N Brown Plc has Shares float of 204.016M 44.30%
- Housing and Urban Development has Shares float of 204.054M 10.19%
- Maximus Resources has Shares float of 204.075M 63.99%
- Rank Plc has Shares float of 204.179M 43.59%
- Novozymes A/S has Shares float of 204.343M 91.78%
- Changshouhua Food has Shares float of 204.359M 35.63%
- PT XL Axiata Tbk has Shares float of 204.365M 38.31%
- Zanaga Iron Ore Co has Shares float of 204.399M 66.57%
- IPH has Shares float of 204.482M 90.71%
- Bombay Rayon Fashions has Shares float of 204.550M 64.43%
- Copper Mountain Mining has Shares float of 204.609M 95.71%
- Copper Mountain Mining has Shares float of 204.686M 97.39%
- Copper Mountain Mining has Shares float of 204.686M 97.39%