Alcoa Corp (AA) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
AA currently has 264M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 56.93% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 30, 2026 |
10-Q filing | 264.0M shares outstanding |
260M | 0 |
| Oct 28, 2025 |
10-Q filing | 259.0M shares outstanding |
260M | 0 |
| Jul 31, 2025 |
10-Q filing | 259.0M shares outstanding |
260M | 0 |
| Jul 01, 2025 |
8-K filing: Alcoa Corporation closed the sale of its 25.1% ownership interest in the Ma'aden joint venture to Saudi Arabian Mining Company, receiving 86 million shares of Ma'aden (valued at approximately $1.2 billion) and $150 million in cash. ($1350.0M proceeds) |
260M | 0 |
| May 01, 2025 |
10-Q filing | 259.0M shares outstanding |
260M | 0 |
| Feb 20, 2025 |
10-K filing | 258.9M shares outstanding |
260M | 0 |
| Oct 31, 2024 |
10-Q filing | 234.0M shares outstanding |
230M | 0 |
| Aug 02, 2024 |
10-Q filing | 258.3M shares outstanding |
260M | 0 |
| Aug 01, 2024 |
8-K filing: Alcoa filed a Certificate of Designation for 4,041,989 shares of New Alcoa Preferred Stock, and the Board approved Amended and Restated Bylaws, effective July 31, 2024. |
180M | 0 |
| May 02, 2024 |
10-Q filing | 179.0M shares outstanding |
180M | 0 |
| Feb 26, 2024 |
8-K filing: Alcoa Corporation entered into a Transaction Process and Exclusivity Deed with Alumina Limited and AAC Investments Australia Pty Ltd, and a Conditional Share Sale Agreement with Allan Gray Australia Pty Ltd, regarding the potential acquisition of all shares of Alumina. |
180M | 0 |
| Feb 21, 2024 |
10-K filing | 178.0M shares outstanding |
180M | 0 |
| Oct 26, 2023 |
10-Q filing | 178.0M shares outstanding |
180M | 0 |
| Jul 27, 2023 |
10-Q filing | 178.0M shares outstanding |
180M | 0 |
| May 04, 2023 |
10-Q filing | 178.0M shares outstanding |
180M | 0 |
| Feb 23, 2023 |
10-K filing | 181.0M shares outstanding |
180M | 0 |
| Oct 27, 2022 |
10-Q filing | 179.0M shares outstanding |
180M | 0 |
| Jul 25, 2022 |
10-Q filing | 182.0M shares outstanding |
180M | 0 |
| May 05, 2022 |
10-Q filing | 184.0M shares outstanding |
180M | 0 |
| Feb 24, 2022 |
10-K filing | 186.0M shares outstanding |
190M | 0 |
| Oct 28, 2021 |
10-Q filing | 187.0M shares outstanding |
190M | 0 |
| Jul 29, 2021 |
10-Q filing | 187.0M shares outstanding |
190M | 0 |
| May 05, 2021 |
10-Q filing | 186.0M shares outstanding |
190M | 0 |
| Feb 25, 2021 |
10-K filing | 186.0M shares outstanding |
190M | 0 |
| Oct 30, 2020 |
10-Q filing | 186.0M shares outstanding |
190M | 0 |
| Jul 29, 2020 |
10-Q filing | 186.0M shares outstanding |
190M | 0 |
| Apr 29, 2020 |
10-Q filing | 186.0M shares outstanding |
190M | 0 |
| Feb 21, 2020 |
10-K filing | 185.0M shares outstanding |
190M | 0 |