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Thursday, October 07, 2010 1:07:25 PM
The number of shares currently available for trading. The float is calculated by deducting from the shares outstanding, the number of shares closely held by individuals or institutions not likely to sell immediately if the stock price rises.
http://www.rbcdain.com/DRP_1.0/Public_Site/Common_Pages/DRP_1.0VGlossary/1,5019,,00.html
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