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Loop Industries (FRA:3L9) Float Percentage Of Total Shares Outstanding : 40.82% (As of Jun. 08, 2024)


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What is Loop Industries 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, Loop Industries's float shares is 19.40 Mil. Loop Industries's total shares outstanding is 47.54 Mil. Loop Industries's float percentage of total shares outstanding is 40.82%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Loop Industries'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, Loop Industries's Institutional Ownership is 2.95%.

Loop Industries Float Percentage Of Total Shares Outstanding Calculation

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

Loop Industries's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=19.40/47.54
=40.82%

* 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.

Loop Industries (FRA:3L9) Business Description

Industry
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Traded in Other Exchanges
LOOP:USA
Address
480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4
Website
http://www.loopindustries.com
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

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