http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
A share buy back is always possible to reduce the share count. So is a reverse split. Not many of us Longs are partial to a reverse split, at least that I know of. I'm not sure of other means by which a company can retire shares in the public float. Retired could probably take a good shot at this one for us.
Also don't forget, XM and Sirius Satelite Radio had enormous amounts of shares in the float when they exploded. When a company becomes hot such as these two did, the shares are bought up quickly by the Big Kahuna's, i.e. Mutual Fund Companies, Hedge Funds, Pension Funds, etc. So, having +160Mil. shares (albeit this quantity maybe out of date) in the float may not be as negative as one might suspect, provided they don't continue to dilute more shares into the float.
Also keep in mind that the float amount is quite different from the outstanding share amount. All the Best, JP
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