GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telefonaktiebolaget L M Ericsson (OTCPK:ERIXF) » Definitions » Float Percentage Of Total Shares Outstanding

ERIXF (Telefonaktiebolaget L M Ericsson) Float Percentage Of Total Shares Outstanding : 92.06% (As of Dec. 14, 2024)


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What is Telefonaktiebolaget L M Ericsson Float Percentage Of Total Shares Outstanding?

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Telefonaktiebolaget L M Ericsson's float shares is 3,067.54 Mil. Telefonaktiebolaget L M Ericsson's total shares outstanding is 3,332.00 Mil. Telefonaktiebolaget L M Ericsson's float percentage of total shares outstanding is 92.06%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Telefonaktiebolaget L M Ericsson's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Telefonaktiebolaget L M Ericsson's Institutional Ownership is 0.03%.

Telefonaktiebolaget L M Ericsson Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Telefonaktiebolaget L M Ericsson's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=3,067.54/3,332.00
=92.06%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Telefonaktiebolaget L M Ericsson Business Description

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Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Website
https://www.ericsson.com
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.