HP INC (HPQ) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: December 10, 2025

Risk Assessment Details

Potential Dilution: 8.25% of current shares
Recent Dilution: 0.21% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
950M
Potential Supply
78M
Additional shares possible
Splits
None
Past 2 years

Summary

HPQ currently has 946M outstanding shares. with limited dilution risk as only 78M additional shares (8.2%) are authorized for issuance. The company has minimally diluted shareholders by 0.21% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Dec 10, 2025

10-K filing | 946.0M shares outstanding

950M 78M
May 29, 2025

10-Q filing | 950.0M shares outstanding

950M 74M
Feb 28, 2025

10-Q filing | 948.0M shares outstanding

950M 76M
Dec 13, 2024

10-K filing | 979.0M shares outstanding

980M 45M
Aug 29, 2024

10-Q filing | 979.0M shares outstanding

980M 45M
May 30, 2024

10-Q filing | 984.0M shares outstanding

980M 40M
Apr 25, 2024

8-K filing: HP Inc.'s stockholders approved the Fourth Amended and Restated HP Inc. 2004 Stock Incentive Plan, making an additional 45,700,000 shares of HP's common stock available for issuance. HP also filed a Certificate of Amendment and a restated Certificate of Incorporation.

1B 29M
Feb 28, 2024

10-Q filing | 995.0M shares outstanding

1B 29M
Dec 18, 2023

10-K filing | 992.0M shares outstanding

990M 32M
Sep 11, 2023

10-Q filing | 993.0M shares outstanding

990M 31M
May 31, 2023

10-Q filing | 991.0M shares outstanding

990M 33M
Mar 01, 2023

10-Q filing | 989.0M shares outstanding

990M 35M
Dec 06, 2022

10-K filing | 1038.0M shares outstanding

1B 0
Dec 06, 2022

S-3 filing: The filing is an S-3 shelf registration for debt securities, common stock, preferred stock and depositary shares.

1B 0
Sep 07, 2022

8-K filing: HP Inc. completed an exchange offer, issuing $491,116,000 aggregate principal amount of new notes in exchange for Poly Notes.

1B 0
Sep 02, 2022

10-Q filing | 1024.0M shares outstanding

1B 0
Jun 03, 2022

10-Q filing | 1050.0M shares outstanding

1.1B 0
Mar 07, 2022

10-Q filing | 1081.0M shares outstanding

1.1B 0
Dec 09, 2021

10-K filing | 1082.7M shares outstanding

1.1B 0
Sep 03, 2021

10-Q filing | 1185.0M shares outstanding

1.2B 0
Jun 04, 2021

10-Q filing | 1234.0M shares outstanding

1.2B 0
Mar 05, 2021

10-Q filing | 1285.0M shares outstanding

1.3B 0
Dec 10, 2020

POS AM filing: HP Inc. may offer debt securities, common stock, preferred stock, and depositary shares from time to time, in one or more offerings.

1.4B 0
Dec 10, 2020

10-K filing | 1413.0M shares outstanding

1.4B 0
Sep 04, 2020

10-Q filing | 1417.0M shares outstanding

1.4B 0
Jun 05, 2020

10-Q filing | 1440.0M shares outstanding

1.4B 0
Mar 05, 2020

10-Q filing | 1460.0M shares outstanding

1.5B 0
Feb 24, 2020

8-K filing: HP's Board authorized a capital return program targeting $16 billion to shareholders during fiscal 2020-2022 and increased share repurchase authorization to $15 billion, including repurchasing approximately $8 billion of HP common stock over one year.

N/A 0
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