CLOSELY HELD SHARES

CLOSELY HELD SHARES:

The shares held by the insiders, employees,and major shareholders. These shareholders don't want to sale there shares in order to retain their shareholding or ownership in the company. Most these situations are visible in family owned business, who wants to retain their family dominance in the company and reduces the stock by closely holding the shares.

Difference Between Outstanding Shares and Floating Shares

Difference Between Outstanding Shares and Floating Shares:

The shares that are issued by a company to its shareholders is termed as outstanding shares. But it does not include treasury stocks/shares.

Whereas floating shares/float represents only those shares which are available for trading.
Floating shares can be calculated by deducting closely-held shares and restricted shares.