Ferroglobe PLC (GSM) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 26, 2026

Risk Assessment Details

Potential Dilution: 49.16% of current shares
Recent Dilution: 0.13% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
190M
Potential Supply
92M
Additional shares possible
Splits
None
Past 2 years

Summary

GSM currently has 187M outstanding shares. with moderate dilution risk from 91.9M authorized shares representing 49.2% potential dilution. The company has minimally diluted shareholders by 0.13% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 26, 2026

20-F filing | 186.9M shares outstanding

190M 92M
Apr 25, 2025

20-F filing | 186.6M shares outstanding

190M 92M
May 13, 2024

20-F filing | 187.9M shares outstanding

190M 91M
May 01, 2023

20-F filing | 187.4M shares outstanding

190M 91M
May 02, 2022

20-F filing | 187.3M shares outstanding

190M 91M
Sep 10, 2021

F-3 filing: This F-3 filing from Ferroglobe PLC relates to the resale of 91,708,179 ordinary shares by the Selling Shareholder, with the company not receiving any proceeds from the sale. The last reported closing price of the ordinary shares on September 9, 2021 was $8.86.

170M 110M
Jul 29, 2021

F-3 filing: Resale of 8,913,872 ordinary shares by selling shareholders.

170M 18M
May 10, 2021

F-3 filing: FERROGLOBE PLC may offer and sell from time to time in one or more offerings up to $40,000,000 in aggregate offering price of an indeterminate number of securities including Ordinary Shares, Warrants and Subscription Rights.

170M 8.9M
Apr 30, 2021

20-F filing | 169.2M shares outstanding

170M 0
May 29, 2020

20-F filing | 169.1M shares outstanding

170M 0
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