PENN Entertainment, Inc. (PENN) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
PENN currently has 133M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.2% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 29, 2026 |
10-Q filing | 133.4M shares outstanding |
130M | 0 |
| Nov 06, 2025 |
10-Q filing | 143.5M shares outstanding |
140M | 0 |
| Aug 07, 2025 |
10-Q filing | 149.0M shares outstanding |
150M | 0 |
| May 12, 2025 |
10-Q filing | 152.3M shares outstanding |
150M | 0 |
| Feb 27, 2025 |
10-K filing | 152.1M shares outstanding |
150M | 0 |
| Nov 07, 2024 |
10-Q filing | 152.2M shares outstanding |
150M | 0 |
| Aug 08, 2024 |
10-Q filing | 152.1M shares outstanding |
150M | 0 |
| May 02, 2024 |
10-Q filing | 151.9M shares outstanding |
150M | 0 |
| Feb 22, 2024 |
10-K filing | 152.1M shares outstanding |
150M | 0 |
| Nov 02, 2023 |
10-Q filing | 150.9M shares outstanding |
150M | 0 |
| Aug 09, 2023 |
10-Q filing | 152.8M shares outstanding |
150M | 0 |
| Aug 08, 2023 |
8-K filing: PENN entered into a Sportsbook Agreement with ESPN, rebranding its Barstool Sportsbook as "ESPN Bet", and issued warrants to ESPN to purchase shares of PENN common stock. |
150M | 0 |
| May 04, 2023 |
10-Q filing | 153.3M shares outstanding |
150M | 0 |
| Feb 23, 2023 |
10-K filing | 161.2M shares outstanding |
160M | 0 |
| Feb 17, 2023 |
8-K filing: PENN Entertainment, Inc. completed the acquisition of Barstool Sports, Inc. by issuing 2,442,809 shares of PENN common stock to certain former stockholders of Barstool for approximately $388 million in total consideration. ($388.0M proceeds) |
160M | 0 |
| Nov 03, 2022 |
10-Q filing | 157.6M shares outstanding |
160M | 0 |
| Aug 04, 2022 |
10-Q filing | 164.8M shares outstanding |
160M | 0 |
| May 05, 2022 |
10-Q filing | 168.2M shares outstanding |
170M | 0 |
| Feb 28, 2022 |
10-K filing | 175.5M shares outstanding |
180M | 0 |
| Nov 04, 2021 |
10-Q filing | 172.7M shares outstanding |
170M | 0 |
| Oct 19, 2021 |
8-K filing: Penn National Gaming, Inc. issued 12,319,340 shares of common stock, 311,119 options, and 472,588 restricted stock units, and Purchaser issued 768,441 exchangeable shares in connection with the acquisition of Score Media and Gaming Inc. |
160M | 0 |
| Aug 05, 2021 |
10-Q filing | 156.0M shares outstanding |
160M | 0 |
| May 06, 2021 |
10-Q filing | 155.7M shares outstanding |
160M | 0 |
| Feb 26, 2021 |
10-K filing | 156.5M shares outstanding |
160M | 0 |
| Nov 04, 2020 |
10-Q filing | 155.5M shares outstanding |
160M | 0 |
| Sep 29, 2020 |
8-K filing: Penn National Gaming, Inc. completed a public offering of 16,100,000 shares of its common stock at a price of $61.00 per share, with underwriters exercising their option to purchase an additional 2,100,000 shares. |
130M | 0 |
| Aug 06, 2020 |
10-Q filing | 126.8M shares outstanding |
130M | 0 |
| May 19, 2020 |
8-K filing: The company completed a common stock offering of 16,666,667 shares plus an additional 2,500,000 shares at $18.00 per share. |
120M | 0 |
| May 14, 2020 |
8-K filing: Penn National Gaming, Inc. completed a public offering of 16,666,667 shares of common stock at a price of $18.00 per share. |
120M | 0 |
| May 08, 2020 |
10-Q filing | 115.7M shares outstanding |
120M | 0 |
| Feb 27, 2020 |
10-K filing | 115.7M shares outstanding |
120M | 0 |
| Feb 20, 2020 |
8-K filing: Penn National Gaming, Inc. issued 883 shares of Series D Convertible Preferred Stock to certain Individual Sellers in connection with the closing of its investment in Barstool Sports, Inc. |
N/A | 0 |