GALAPAGOS NV (GLPG) - Dilution Analysis

Visualizing historical and potential share dilution over time

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Dilution Analysis

Low Risk

Limited dilution potential

Last updated: March 26, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 0% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

66M

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

GLPG currently has 65.9M outstanding shares. with minimal authorized share overhang for future dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding
Mar 26, 2026	20-F filing \| 65.9M shares outstanding	66M
Mar 27, 2025	20-F filing \| 65.9M shares outstanding	66M
Mar 28, 2024	20-F filing \| 65.9M shares outstanding	66M
Mar 23, 2023	20-F filing \| 65.8M shares outstanding	66M
Mar 24, 2022	20-F filing \| 65.6M shares outstanding	66M
Mar 25, 2021	20-F filing \| 65.4M shares outstanding	65M
Mar 27, 2020	20-F filing \| 64.7M shares outstanding	65M

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