CMS ENERGY CORP (CMS) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CMS currently has 299M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.37% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 06, 2025 |
8-K filing: The company sold Notes to Initial Purchasers, with a maximum of 13,795,000 shares of Common Stock issuable upon conversion of the Notes, subject to anti-dilution adjustments. |
300M | 0 |
| Apr 24, 2025 |
10-Q filing | 299.1M shares outstanding |
300M | 0 |
| Feb 11, 2025 |
10-K filing | 298.3M shares outstanding |
300M | 0 |
| Oct 31, 2024 |
10-Q filing | 298.8M shares outstanding |
300M | 0 |
| Jul 25, 2024 |
10-Q filing | 298.5M shares outstanding |
300M | 0 |
| Apr 25, 2024 |
10-Q filing | 297.2M shares outstanding |
300M | 0 |
| Feb 08, 2024 |
10-K filing | 291.7M shares outstanding |
290M | 0 |
| Oct 26, 2023 |
10-Q filing | 291.4M shares outstanding |
290M | 0 |
| Jul 27, 2023 |
10-Q filing | 291.3M shares outstanding |
290M | 0 |
| May 05, 2023 |
8-K filing: The company sold notes to Initial Purchasers in reliance on the exemption from the registration requirements provided by Section 4(a)(2) of the Securities Act for resale to persons reasonably believed to be qualified institutional buyers. The maximum number of shares of Common Stock issuable upon conversion of the Notes is 12,978,560, subject to customary anti-dilution adjustments. |
290M | 0 |
| Apr 27, 2023 |
10-Q filing | 291.2M shares outstanding |
290M | 0 |
| Feb 09, 2023 |
10-K filing | 290.0M shares outstanding |
290M | 0 |
| Oct 27, 2022 |
10-Q filing | 290.1M shares outstanding |
290M | 0 |
| Jul 28, 2022 |
10-Q filing | 290.1M shares outstanding |
290M | 0 |
| May 03, 2022 |
10-Q filing | 289.9M shares outstanding |
290M | 0 |
| Feb 10, 2022 |
10-K filing | 289.5M shares outstanding |
290M | 0 |
| Oct 28, 2021 |
10-Q filing | 289.6M shares outstanding |
290M | 0 |
| Jul 29, 2021 |
10-Q filing | 289.4M shares outstanding |
290M | 0 |
| Apr 29, 2021 |
10-Q filing | 289.1M shares outstanding |
290M | 0 |
| Feb 11, 2021 |
10-K filing | 286.3M shares outstanding |
290M | 0 |
| Oct 29, 2020 |
10-Q filing | 286.9M shares outstanding |
290M | 0 |
| Aug 03, 2020 |
10-Q filing | 286.5M shares outstanding |
290M | 0 |
| Apr 27, 2020 |
10-Q filing | 285.2M shares outstanding |
290M | 0 |
| Feb 06, 2020 |
10-K filing | 284.3M shares outstanding |
280M | 0 |