SOUTHERN CO (SO) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SO currently has 1.1B outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.46% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 06, 2025 |
8-K filing: The Southern Company completed an offering of 40,000,000 Corporate Units, including the exercise in full of the Underwriters' over-allotment option. ($2000.0M proceeds) |
1.1B | 0 |
| May 27, 2025 |
8-K filing: The Company offered and sold Series 2025A Convertible Senior Notes to Initial Purchasers, with a maximum of 18,165,675 shares of common stock potentially issuable upon conversion. |
1.1B | 0 |
| May 01, 2025 |
10-Q filing | 1100.0M shares outstanding |
1.1B | 0 |
| Feb 20, 2025 |
10-K filing | 1096.0M shares outstanding |
1.1B | 0 |
| Oct 31, 2024 |
10-Q filing | 1097.0M shares outstanding |
1.1B | 0 |
| Aug 01, 2024 |
10-Q filing | 1096.0M shares outstanding |
1.1B | 0 |
| May 09, 2024 |
8-K filing: The company sold Series 2024A Convertible Senior Notes to Initial Purchasers, with a maximum of 19,875,300 shares of Common Stock issuable upon conversion, based on an initial conversion rate of 13.2502 shares per $1,000 principal amount. |
1.1B | 0 |
| May 03, 2024 |
8-K filing: The Southern Company entered into a Distribution Agreement with several sales agents and forward purchasers, allowing the Company to offer and sell up to 50,000,000 shares of its common stock from time to time. |
1.1B | 0 |
| May 02, 2024 |
10-Q filing | 1094.0M shares outstanding |
1.1B | 0 |
| Feb 15, 2024 |
10-K filing | 1092.0M shares outstanding |
1.1B | 0 |
| Nov 02, 2023 |
10-Q filing | 1092.0M shares outstanding |
1.1B | 0 |
| Aug 03, 2023 |
10-Q filing | 1092.0M shares outstanding |
1.1B | 0 |
| Apr 27, 2023 |
10-Q filing | 1091.0M shares outstanding |
1.1B | 0 |
| Mar 01, 2023 |
8-K filing: The Company offered and sold Series 2023A Convertible Senior Notes to Initial Purchasers in reliance on exemptions from registration, with a maximum of 26,645,040 shares of Common Stock potentially issuable upon conversion. |
1.1B | 0 |
| Feb 16, 2023 |
10-K filing | 1081.0M shares outstanding |
1.1B | 0 |
| Oct 27, 2022 |
10-Q filing | 1088.0M shares outstanding |
1.1B | 0 |
| Jul 28, 2022 |
10-Q filing | 1065.0M shares outstanding |
1.1B | 0 |
| Apr 28, 2022 |
10-Q filing | 1063.0M shares outstanding |
1.1B | 0 |
| Feb 17, 2022 |
10-K filing | 1061.0M shares outstanding |
1.1B | 0 |
| Nov 05, 2021 |
8-K filing: The Southern Company entered into Sales Agency Financing Agreements to offer and sell up to 50,000,000 shares of its common stock. |
1.1B | 0 |
| Nov 04, 2021 |
10-Q filing | 1061.0M shares outstanding |
1.1B | 0 |
| Jul 29, 2021 |
10-Q filing | 1061.0M shares outstanding |
1.1B | 0 |
| Apr 29, 2021 |
10-Q filing | 1060.0M shares outstanding |
1.1B | 0 |
| Feb 18, 2021 |
10-K filing | 1058.0M shares outstanding |
1.1B | 0 |
| Oct 29, 2020 |
10-Q filing | 1058.0M shares outstanding |
1.1B | 0 |
| Jul 30, 2020 |
10-Q filing | 1058.0M shares outstanding |
1.1B | 0 |
| Apr 30, 2020 |
10-Q filing | 1057.0M shares outstanding |
1.1B | 0 |
| Feb 20, 2020 |
10-K filing | 30.5M shares outstanding |
31M | 0 |