FRANKLIN RESOURCES INC (BEN) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 28, 2026

Risk Assessment Details

Potential Dilution: 0.19% of current shares
Recent Dilution: 2.22% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
520M
Potential Supply
1M
Additional shares possible
Splits
None
Past 2 years

Summary

BEN currently has 518M outstanding shares. with limited dilution risk as only 1M additional shares (0.2%) are authorized for issuance. The company has minimally diluted shareholders by 2.22% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 28, 2026

10-Q filing | 518.2M shares outstanding

520M 1M
Jan 30, 2026

10-Q filing | 518.3M shares outstanding

520M 900K
Dec 17, 2025

8-K filing: On December 17, 2025, the Board of Directors of Franklin Resources, Inc. authorized the Company to repurchase up to an additional 20.8 million shares of its common stock, making a total of up to 40.0 million shares available for repurchase.

520M 2.7M
Aug 01, 2025

10-Q filing | 516.5M shares outstanding

520M 2.7M
May 02, 2025

10-Q filing | 519.9M shares outstanding

520M 0
Jan 31, 2025

10-Q filing | 518.2M shares outstanding

520M 1M
Nov 12, 2024

10-K filing | 510.3M shares outstanding

510M 8.9M
Jul 26, 2024

10-Q filing | 517.2M shares outstanding

520M 2M
Jul 01, 2024

S-3 filing: This is an S-3 filing for a shelf registration statement, allowing the selling stockholder to offer and sell shares of common stock.

520M 0
Apr 29, 2024

10-Q filing | 519.2M shares outstanding

520M 0
Jan 29, 2024

10-Q filing | 487.9M shares outstanding

490M 0
Dec 13, 2023

8-K filing: Franklin Resources, Inc. authorized the repurchase of up to an additional 27.2 million shares of its common stock, bringing the total available for repurchase to 40.0 million shares.

490M 0
Nov 14, 2023

10-K filing | 490.8M shares outstanding

490M 0
Nov 01, 2023

8-K filing: Franklin Resources, Inc. will issue 33,333,333 shares of its Common Stock to Great-West Lifeco Inc. as part of an acquisition agreement, representing 4.9% of the Company's outstanding Common Stock.

490M 0
Jul 28, 2023

10-Q filing | 491.4M shares outstanding

490M 0
May 01, 2023

10-Q filing | 491.4M shares outstanding

490M 0
Jan 30, 2023

10-Q filing | 490.2M shares outstanding

490M 0
Nov 14, 2022

10-K filing | 489.3M shares outstanding

490M 0
Jul 28, 2022

10-Q filing | 487.9M shares outstanding

490M 0
May 03, 2022

10-Q filing | 490.5M shares outstanding

490M 0
Feb 01, 2022

10-Q filing | 490.6M shares outstanding

490M 0
Nov 19, 2021

10-K filing | 490.6M shares outstanding

490M 0
Aug 03, 2021

10-Q filing | 489.9M shares outstanding

490M 0
May 04, 2021

10-Q filing | 490.9M shares outstanding

490M 0
Feb 02, 2021

10-Q filing | 491.7M shares outstanding

490M 0
Nov 23, 2020

10-K filing | 492.4M shares outstanding

490M 0
Jul 28, 2020

10-Q filing | 490.7M shares outstanding

490M 0
Apr 30, 2020

10-Q filing | 491.8M shares outstanding

490M 0
Jan 30, 2020

10-Q filing | 495.3M shares outstanding

500M 0
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