Legend Biotech Corp (LEGN) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: March 11, 2025

Risk Assessment Details

Potential Dilution: 8.66% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
370M
Potential Supply
32M
Additional shares possible
Splits
None
Past 2 years

Summary

LEGN currently has 367M outstanding shares. with limited dilution risk as only 31.8M additional shares (8.7%) are authorized for issuance. 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 Supply
Mar 11, 2025

20-F filing | 367.3M shares outstanding

370M 32M
Mar 19, 2024

20-F filing | 363.8M shares outstanding

360M 32M
Mar 30, 2023

20-F filing | 330.1M shares outstanding

330M 32M
Mar 31, 2022

20-F filing | 308.5M shares outstanding

310M 32M
Jul 02, 2021

F-3 filing: This is an F-3 filing for the proposed resale or other disposition of up to an aggregate of 30,809,850 ordinary shares, of which (i) 20,809,850 are presently issued and outstanding and (ii) 10,000,000 are issuable upon the exercise of a warrant.

21M 32M
Apr 02, 2021

20-F filing | 266.0M shares outstanding

270M 1M
May 13, 2020

F-1 filing: This is an F-1 filing that includes information regarding a long-term incentive plan, company benefits, non-competition agreements, employment commencement date, at-will employment, offer confirmation and Legend Biotech Corporation share option scheme.

N/A 1M
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