Difference between float and unrestricted shares
Personal Finance & Money Asked on February 3, 2021
I am looking at a company’s statistics on the OTC market and I’m confused about the difference between Float and Unrestricted shares. I thought that both are calculated using the formula outstanding shares - restricted shares. What is the difference?
https://www.otcmarkets.com/stock/DTII/security:
One Answer
From my understanding:
Unrestricted shares = outstanding shares - restricted shares.
Float = unrestricted shares - shares "held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a “control person”), or any affiliates thereof, or any immediate family members of officers, directors and control persons".
Source: https://www.otcmarkets.com/files/OTCQB_Standards.pdf
Answered by Flux on February 3, 2021
Add your own answers!
Ask a Question
Get help from others!
Recent Answers
- haakon.io on Why fry rice before boiling?
- Jon Church on Why fry rice before boiling?
- Lex on Does Google Analytics track 404 page responses as valid page views?
- Joshua Engel on Why fry rice before boiling?
- Peter Machado on Why fry rice before boiling?
Recent Questions
- How can I transform graph image into a tikzpicture LaTeX code?
- How Do I Get The Ifruit App Off Of Gta 5 / Grand Theft Auto 5
- Iv’e designed a space elevator using a series of lasers. do you know anybody i could submit the designs too that could manufacture the concept and put it to use
- Need help finding a book. Female OP protagonist, magic
- Why is the WWF pending games (“Your turn”) area replaced w/ a column of “Bonus & Reward”gift boxes?