Ballard Power Systems Inc. (BLDP) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: March 12, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.62% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
300M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

BLDP currently has 301M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.62% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 12, 2026

40-F filing | 300.8M shares outstanding

300M 0
Jun 11, 2025

F-10 filing: The filing discusses potential offerings of securities, including preferred shares, debt securities, warrants and units, and outlines various underwriting and distribution methods.

300M 0
Mar 11, 2024

40-F filing | 298.9M shares outstanding

300M 0
May 09, 2023

F-10 filing: The filing is an F-10 form, indicating the company qualifies as a well-known seasoned issuer and is offering Common Shares, Preferred Shares, Debt Securities, Warrants and Units through prospectus supplements.

300M 0
Mar 17, 2023

40-F filing | 298.4M shares outstanding

300M 0
Mar 14, 2022

40-F filing | 297.7M shares outstanding

300M 0
Mar 22, 2021

F-10 filing: Ballard Power Systems Inc. may offer and issue from time to time common shares, preferred shares, warrants to purchase common shares, debt securities, or any combination thereof up to an aggregate initial offering price of US$1,500,000,000.

280M 0
Mar 11, 2021

40-F filing | 282.1M shares outstanding

280M 0
Feb 09, 2021

F-10 filing: This is an F-10 filing for a new issue of common shares by Ballard Power Systems Inc.

230M 0
Jun 05, 2020

F-10 filing: This F-10 filing is for a Canadian issuer offering securities, including common shares, preferred shares, warrants, debt securities and units, under a multijurisdictional disclosure system, with the specific terms to be detailed in a future prospectus supplement.

230M 0
Mar 05, 2020

40-F filing | 233.5M shares outstanding

230M 0
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