Mr. Rouhollah Hosseini Moghaddam, TSE’s Listed Companies Affairs director stated that according to the latest calculations at the end of September 2014, the average grade of free float in Tehran Stock Exchange reached 21.62% that is 0.1 percent less than the previous quarter.
In addition, since the beginning of the year, the average has dropped about 40 basis points. Therefore, from the total number of outstanding shares at TSE, more than 155 billion shares are currently floated, while the weighted average of free float of the Exchange is currently 19.38 percent, he mentioned.
The weighted average of free float in the main board reached 20.14 percent, while the arithmetic mean of the ratio of is 22.72 percent. This ratio for the secondary board of the first market is 22.87 percent and its arithmetic mean is 21.24 percent, Hosseini Moghaddam added.