Float Checker
Low float — few shares available to trade — is what makes small-caps explode and crash. Enter a ticker for its shares outstanding (straight from SEC filings) and a low-float read.
Fetching NVS’s share count…
Low float — few shares available to trade — is what makes small-caps explode and crash. Enter a ticker for its shares outstanding (straight from SEC filings) and a low-float read.
Fetching NVS’s share count…
This company’s cover-page share count was last filed on 2025-12-31 — 263 days ago. Anything can have happened since: a reverse split, a share consolidation, or heavy issuance, each of which moves the number by multiples rather than percent. We show what was filed and refuse to turn it into a float verdict. Check the company’s latest filing before relying on it.
1,908,151,679 ordinary ÷ 1 ordinary per ADS = 1,908,151,679 ADS
The ratio is not in XBRL. It is stated in the company’s own filing (20-F filed 2026-02-04):
“less the General Meeting resolves to have a ballot or where a ballot is ordered by the chair of the meeting. ADSs, each representing one Novartis AG share and evidenced by ADRs, are issued by our depositary JPMorga” 20-F, 2026-02-04 →
Read from prose rather than tagged data, so it is shown rather than asserted. An issuer can change its ADS ratio at any time — XHG changed it five times in two years — and we take the one with the newest effective date, not the newest mention.
⚠ This is shares outstanding — the confident, SEC-filed number. True float is that minus shares held by insiders, affiliates, and 5%+ owners (a figure no source files directly; every site estimates it). For most small-caps shares outstanding is a close upper bound on float. We show the honest number rather than a fake-precise estimate.