LINCOLN EDUCATIONAL SERVICES CORP (LINC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LINC currently has 31.3M outstanding shares. with significant dilution risk as 15.7M authorized shares could dilute existing holders by 50.1%. The company has minimally diluted shareholders by 2.67% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 11, 2026 |
10-Q filing | 31.3M shares outstanding |
31M | 16M |
| Nov 10, 2025 |
10-Q filing | 31.3M shares outstanding |
31M | 16M |
| Aug 11, 2025 |
10-Q filing | 31.3M shares outstanding |
31M | 16M |
| May 14, 2025 |
8-K filing: The company announced the continuation of its share repurchase program, with $29.7 million remaining available for additional repurchases, and to date, the Company has made repurchases of approximately 1.7 million shares of the Company's Common Stock at an average share price of $5.95 for an aggregate expenditure of approximately $10.3 million. ($10.3M proceeds) |
31M | 16M |
| May 12, 2025 |
10-Q filing | 31.1M shares outstanding |
31M | 16M |
| Mar 04, 2025 |
10-K filing | 30.9M shares outstanding |
31M | 16M |
| Dec 12, 2024 |
S-3 filing: The company intends to offer and sell any combination of its common stock, preferred stock, or debt securities for a total aggregate amount not exceeding $150,000,000.00. |
31M | 16M |
| Nov 12, 2024 |
10-Q filing | 31.0M shares outstanding |
31M | 6.8M |
| Aug 08, 2024 |
10-Q filing | 30.7M shares outstanding |
31M | 7.2M |
| May 07, 2024 |
8-K filing: On May 7, 2024, the Company announced the continuation of the share repurchase program, with $29.7 million remaining available for repurchases. ($10.3M proceeds) |
30M | 7.5M |
| May 06, 2024 |
10-Q filing | 30.3M shares outstanding |
30M | 7.5M |
| Mar 05, 2024 |
10-K filing | 30.5M shares outstanding |
31M | 7.3M |
| Nov 06, 2023 |
10-Q filing | 30.7M shares outstanding |
31M | 7.1M |
| Aug 07, 2023 |
10-Q filing | 30.4M shares outstanding |
30M | 7.4M |
| May 08, 2023 |
10-Q filing | 30.0M shares outstanding |
30M | 7.8M |
| Mar 07, 2023 |
10-K filing | 31.5M shares outstanding |
32M | 6.3M |
| Nov 30, 2022 |
8-K filing: Lincoln Educational Services Corporation announced that it had exercised in full its right of mandatory conversion of the Company's Series A Convertible Preferred Stock, with 12,700 shares of Series A Preferred Stock converted into 5,381,360 shares of Common Stock. |
25M | 12M |
| Nov 07, 2022 |
10-Q filing | 25.4M shares outstanding |
25M | 12M |
| Aug 08, 2022 |
10-Q filing | 26.0M shares outstanding |
26M | 12M |
| May 09, 2022 |
10-Q filing | 25.7M shares outstanding |
26M | 12M |
| Mar 03, 2022 |
10-K filing | 25.1M shares outstanding |
25M | 13M |
| Nov 08, 2021 |
10-Q filing | 25.1M shares outstanding |
25M | 13M |
| Aug 09, 2021 |
10-Q filing | 25.1M shares outstanding |
25M | 13M |
| May 10, 2021 |
10-Q filing | 24.9M shares outstanding |
25M | 13M |
| Mar 09, 2021 |
10-K filing | 24.6M shares outstanding |
25M | 13M |
| Nov 12, 2020 |
10-Q filing | 31.1M shares outstanding |
31M | 6.7M |
| Oct 06, 2020 |
S-3/A filing: This is an S-3/A filing. It discusses the company's business, the impact of COVID-19, and the terms of the Series A Preferred Stock. |
31M | 6.7M |
| Oct 06, 2020 |
S-3 filing: This is an S-3 filing for a potential offering of up to 6,700,000 shares of common stock by selling stockholders upon conversion of Series A Convertible Preferred Stock. |
31M | 6.7M |
| Aug 31, 2020 |
S-3 filing: The filing registers an indeterminate number of shares of common stock, preferred stock, and debt securities with an aggregate initial offering price not to exceed $75,000,000, which may be sold separately, together, or as units; includes securities issued upon exercise, conversion, or exchange; separate consideration may or may not be received. |
31M | 0 |
| Aug 13, 2020 |
10-Q filing | 31.1M shares outstanding |
31M | 0 |
| May 13, 2020 |
10-Q filing | 24.5M shares outstanding |
25M | 0 |
| Mar 06, 2020 |
10-K filing | 24.4M shares outstanding |
24M | 0 |