A float shrink is a reduction in the number of a publicly traded company’s shares available for trading. Float shrink can occur in a number of ways: through a buyback or repurchase of a company’s shares, an investor acquiring a large stake in a company or even through a reverse split or share consolidation. The term “float shrink,” however, is most commonly associated with share buybacks, since this is a popular way for companies to return cash to their shareholders. A float shrink achieved through a share buyback also reduces the number of total shares outstanding for a company, which has a positive impact on