MARSH & MCLENNAN COMPANIES, INC. (MMC) - Dilution Analysis

Visualizing historical and potential share dilution over time

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Dilution Analysis

Low Risk

Limited dilution potential

Last updated: April 16, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 0% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

480M

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

MMC currently has 484M outstanding shares. with minimal authorized share overhang for future dilution. 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
Apr 16, 2026	10-Q filing \| 484.0M shares outstanding	480M
Oct 16, 2025	10-Q filing \| 491.0M shares outstanding	490M
Jul 17, 2025	10-Q filing \| 492.0M shares outstanding	490M
Apr 17, 2025	10-Q filing \| 492.0M shares outstanding	490M
Feb 10, 2025	10-K filing \| 492.0M shares outstanding	490M
Oct 17, 2024	10-Q filing \| 492.0M shares outstanding	490M
Jul 18, 2024	10-Q filing \| 492.0M shares outstanding	490M
Apr 18, 2024	10-Q filing \| 492.0M shares outstanding	490M
Feb 12, 2024	10-K filing \| 494.0M shares outstanding	490M
Oct 19, 2023	10-Q filing \| 494.0M shares outstanding	490M
Jul 20, 2023	10-Q filing \| 495.0M shares outstanding	500M
Apr 20, 2023	10-Q filing \| 495.0M shares outstanding	500M
Feb 13, 2023	10-K filing \| 499.0M shares outstanding	500M
Oct 20, 2022	10-Q filing \| 498.0M shares outstanding	500M
Jul 21, 2022	10-Q filing \| 501.0M shares outstanding	500M
Apr 21, 2022	10-Q filing \| 503.0M shares outstanding	500M
Feb 16, 2022	10-K filing \| 507.0M shares outstanding	510M
Oct 21, 2021	10-Q filing \| 506.0M shares outstanding	510M
Jul 22, 2021	10-Q filing \| 508.0M shares outstanding	510M
Apr 27, 2021	10-Q filing \| 509.0M shares outstanding	510M
Feb 17, 2021	10-K filing \| 506.0M shares outstanding	510M
Oct 30, 2020	10-Q filing \| 507.0M shares outstanding	510M
Jul 31, 2020	10-Q filing \| 506.0M shares outstanding	510M
May 01, 2020	10-Q filing \| 505.0M shares outstanding	510M
Feb 20, 2020	10-K filing \| 506.0M shares outstanding	510M

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