Hamilton Insurance Group, Ltd. (HG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 06, 2026

Risk Assessment Details

Potential Dilution: 42.46% of current shares
Recent Dilution: 12.12% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
67M
Potential Supply
28M
Additional shares possible
Splits
None
Past 2 years

Summary

HG currently has 66.5M outstanding shares. with moderate dilution risk from 28.3M authorized shares representing 42.5% potential dilution. The company has diluted shareholders by 12.12% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 06, 2026

10-Q filing | 66.5M shares outstanding

67M 28M
Nov 05, 2025

10-Q filing | 64.5M shares outstanding

65M 28M
Aug 07, 2025

10-Q filing | 65.6M shares outstanding

66M 28M
May 08, 2025

10-Q filing | 67.0M shares outstanding

67M 28M
Feb 27, 2025

10-K filing | 64.6M shares outstanding

65M 28M
Nov 07, 2024

10-Q filing | 64.2M shares outstanding

64M 28M
Aug 08, 2024

10-Q filing | 61.3M shares outstanding

61M 28M
May 09, 2024

10-Q filing | 56.8M shares outstanding

57M 28M
May 08, 2024

8-K filing: Hamilton Insurance Group, Ltd. repurchased 9,124,729 Class A common shares from funds affiliated with Blackstone Alternative Solutions LLC at $12.00 per share, for a total purchase price of $109,496,748, which will result in 101,878,284 shares outstanding. ($109.5M proceeds)

100M 28M
Mar 07, 2024

10-K filing | 56.7M shares outstanding

57M 28M
Dec 06, 2023

10-Q filing | 56.0M shares outstanding

56M 28M
Nov 01, 2023

S-1/A filing: This S-1/A filing describes an offering of Class B common shares by the company and selling shareholders, with an option for underwriters to purchase additional shares.

100M 28M
Oct 16, 2023

S-1 filing: This S-1 filing outlines an initial public offering of Class B common shares by the company and selling shareholders. The company intends to use the net proceeds from the offering to make capital contributions to its insurance and reinsurance operating subsidiaries.

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