Bank of Georgia Plc Shares float
What is the Shares float of Bank of Georgia Plc?
The Shares float of Bank of Georgia Group Plc is 35.798M 75.89%
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 Finance sector on LSE compared to Bank of Georgia Plc
What does Bank of Georgia Plc do?
Bank of Georgia Group PLC, through its subsidiaries, provides various banking products and services in Georgia. It operates through three segments: Retail Banking, Corporate and Investment Banking, and BNB. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit cards, and other credit facilities; funds transfer and settlement services; and customers' deposits for individuals and legal entities under the Express, Bank of Georgia, MSME, and SOLO brands. It primarily serves retail, and mass retail and affluent segments, as well as small and medium enterprises, and micro businesses. The Corporate Investment Banking segment offers loans and other credit facilities, funds transfers and settlement services, trade finance services, and documentary operations support services; and handles saving and term deposits for corporate and institutional customers, as well as provides private banking services to high net worth clients. The BNB segment offers retail and corporate banking services to clients in Belarus. As of December 31, 2020, it operated 206 retail branches, 960 automated teller machines, and 3,020 Express Pay terminals. The company was incorporated in 2017 and is headquartered in London, the United Kingdom.
Companies with shares float similar to Bank of Georgia Plc
- Nestlé India has Shares float of 35.741M 37.07%
- Pioneer Merger has Shares float of 35.760M
- Falcon Minerals has Shares float of 35.763M 77.11%
- Bharat Road Network has Shares float of 35.779M 42.62%
- Nestle India has Shares float of 35.791M 37.12%
- Ondas has Shares float of 35.795M 83.47%
- Bank of Georgia Plc has Shares float of 35.798M 75.89%
- HF Foods has Shares float of 35.815M 68.99%
- Red Moon Resources has Shares float of 35.832M 49.34%
- Excellon Resources has Shares float of 35.837M 97.80%
- Monumental Minerals Corp has Shares float of 35.846M 170.59%
- Xtra-Gold Resources has Shares float of 35.860M 76.81%
- Spencer's Retail has Shares float of 35.868M 39.80%