PAPA JOHNS INTERNATIONAL INC (PZZA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: November 06, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.57% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
33M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

PZZA currently has 32.9M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.57% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 06, 2025

10-Q filing | 32.9M shares outstanding

33M 0
Aug 07, 2025

10-Q filing | 32.8M shares outstanding

33M 0
May 08, 2025

10-Q filing | 32.8M shares outstanding

33M 0
Feb 27, 2025

10-K filing | 32.7M shares outstanding

33M 0
Nov 07, 2024

10-Q filing | 32.7M shares outstanding

33M 0
Aug 08, 2024

10-Q filing | 32.7M shares outstanding

33M 0
May 09, 2024

10-Q filing | 32.9M shares outstanding

33M 0
Feb 29, 2024

10-K filing | 32.9M shares outstanding

33M 0
Nov 02, 2023

10-Q filing | 32.8M shares outstanding

33M 0
Aug 03, 2023

10-Q filing | 32.7M shares outstanding

33M 0
May 04, 2023

10-Q filing | 34.2M shares outstanding

34M 0
Mar 02, 2023

8-K filing: Papa John's International, Inc. entered into a Share Repurchase Agreement to repurchase 2,176,928 shares of its common stock from Starboard Value LP for $82.52 per share, totaling approximately $180.0 million. ($180.0M proceeds)

35M 0
Feb 23, 2023

10-K filing | 35.5M shares outstanding

35M 0
Nov 03, 2022

10-Q filing | 35.3M shares outstanding

35M 0
Aug 04, 2022

10-Q filing | 35.6M shares outstanding

36M 0
May 05, 2022

10-Q filing | 35.9M shares outstanding

36M 0
Apr 13, 2022

8-K filing: Papa John's International, Inc. entered into an Endorsement Agreement with ABG-Shaq, LLC for the personal services of Shaquille O'Neal, granting 55,898 restricted stock units that will vest into an equivalent number of shares of the Company's common stock over three years.

35M 0
Feb 24, 2022

10-K filing | 35.3M shares outstanding

35M 0
Nov 04, 2021

10-Q filing | 36.4M shares outstanding

36M 0
Aug 05, 2021

10-Q filing | 34.7M shares outstanding

35M 0
May 12, 2021

8-K filing: Papa John's International, Inc. entered into a Share Repurchase Agreement with Starboard Value LP, repurchasing 78,387 shares of Series B Preferred Stock and converting 171,613 shares of Series B Preferred Stock into 3,458,360 shares of Common Stock for $183.9 million. ($183.9M proceeds)

33M 0
May 06, 2021

10-Q filing | 33.1M shares outstanding

33M 0
Feb 25, 2021

10-K filing | 32.7M shares outstanding

33M 0
Nov 05, 2020

10-Q filing | 33.0M shares outstanding

33M 0
Aug 06, 2020

10-Q filing | 32.6M shares outstanding

33M 0
May 06, 2020

10-Q filing | 32.3M shares outstanding

32M 0
Feb 26, 2020

10-K filing | 31.6M shares outstanding

32M 0
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