floating stock

The firm said previously that around 10 percent of the unit’s shares would be converted to floating stock, with parent Foxconn holding onto around 85 percent of the shares.

The firm said previously that around 10 percent of the unit’s shares would be converted to floating stock, with parent Foxconn holding onto around 85 percent of the shares.

Under the plan, approximately 10 percent of the industrial and internet-focused FII’s shares would be converted to floating stock, with Foxconn, formally known as Hon Hai Precision Industry Co, maintaining approximately 85 percent of FII shares, the statement said.

Under the plan, approximately 10 percent of the industrial and internet-focused FII’s shares would be converted to floating stock, with Foxconn, formally known as Hon Hai Precision Industry Co, maintaining approximately 85 percent of FII shares, the statement said.

I'll buy all the floating stock I can pick up.