Richards Packaging Income Fund Shares float
What is the Shares float of Richards Packaging Income Fund?
The Shares float of Richards Packaging Income Fund is 8.058M 70.58%
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 TSX compared to Richards Packaging Income Fund
What does Richards Packaging Income Fund do?
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic, glass, and metal containers and closures. The company also offers design and development, and logistics management services. It serves food and beverage, healthcare, cosmetics, industrial, and pharmaceutical sectors. Richards Packaging Income Fund was founded in 1912 and is based in Mississauga, Canada.
Companies with shares float similar to Richards Packaging Income Fund
- Arihant Superstructures has Shares float of 8.030M 19.51%
- TSS has Shares float of 8.034M 43.20%
- SB One Bancorp has Shares float of 8.038M 85.34%
- Kubient has Shares float of 8.046M 56.45%
- Jullundur Motor Agency (Delhi) has Shares float of 8.052M 35.25%
- Alpa Laboratories has Shares float of 8.058M 38.30%
- Richards Packaging Income Fund has Shares float of 8.058M 70.58%
- Qilian International Ltd has Shares float of 8.063M 22.55%
- Reliance Industrial Infrastructure has Shares float of 8.069M 53.43%
- I G Petrochemicals has Shares float of 8.073M 26.22%
- HRL has Shares float of 8.078M 1.63%
- Trigano SA has Shares float of 8.082M 42.03%
- Oriental Aromatics Limite has Shares float of 8.089M 24.04%