Economics · Financial Markets
What is meant by the 'Floating Stock' of a publicly listed corporation?
- 1The total value of debt instruments converted into equity shares during a financial year
- 2Shares that are held exclusively by institutional entities and cannot be sold in secondary markets
- 3The total volume of shares that a company is authorized to issue according to its memorandum
- 4The number of shares available for trading by the general public, excluding locked-in shares held by promoters✓
Correct answer
The number of shares available for trading by the general public, excluding locked-in shares held by promoters
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