TITAN INTERNATIONAL INC (TWI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 30, 2025

Risk Assessment Details

Potential Dilution: 18.61% of current shares
Recent Dilution: 8.75% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
63M
Potential Supply
12M
Additional shares possible
Splits
None
Past 2 years

Summary

TWI currently has 63.3M outstanding shares. with limited dilution risk as only 11.8M additional shares (18.6%) are authorized for issuance. The company has minimally diluted shareholders by 8.75% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 30, 2025

10-Q filing | 63.3M shares outstanding

63M 12M
Feb 27, 2025

10-K filing | 68.7M shares outstanding

69M 6.4M
Nov 01, 2024

S-3 filing: This is an S-3 filing for the offer and sale from time to time by the selling stockholders of up to 11,921,766 shares of Titan International, Inc.'s common stock.

63M 12M
Oct 30, 2024

10-Q filing | 63.1M shares outstanding

63M 0
Oct 21, 2024

8-K filing: Titan International, Inc. repurchased 8,005,000 shares of its common stock from MHR Capital Partners Funds at a price of $7.20 per share for a total consideration of $57,636,000. ($57.64M proceeds)

73M 0
Jul 31, 2024

10-Q filing | 72.7M shares outstanding

73M 0
May 01, 2024

10-Q filing | 65.7M shares outstanding

66M 0
Feb 29, 2024

8-K filing: Titan International, Inc. acquired all equity interest of The Carlstar Group, LLC for approximately $296.2 million, consisting of $127.5 million in cash and 11,921,766 shares of Titan's common stock valued at $168.7 million, representing approximately 16.4% of the company's outstanding common stock. The company also entered into a $225 million revolving credit facility with Bank of America, N.A. ($168.7M proceeds)

63M 0
Feb 29, 2024

10-K filing | 62.5M shares outstanding

62M 0
Nov 01, 2023

10-Q filing | 62.6M shares outstanding

63M 0
Aug 02, 2023

10-Q filing | 62.9M shares outstanding

63M 0
May 03, 2023

10-Q filing | 62.9M shares outstanding

63M 0
Feb 27, 2023

10-K filing | 63.0M shares outstanding

63M 0
Nov 07, 2022

10-Q filing | 62.8M shares outstanding

63M 0
Aug 01, 2022

10-Q filing | 62.7M shares outstanding

63M 0
May 02, 2022

10-Q filing | 63.9M shares outstanding

64M 0
Mar 03, 2022

10-K filing | 62.7M shares outstanding

63M 0
Feb 04, 2022

8-K filing: Titan International, Inc. repurchased 4,032,259 shares of restricted common stock from the RDIF equity holders for $25 million on February 1, 2022, completing the transaction under the Stock Purchase Agreement. ($25.0M proceeds)

62M 0
Dec 21, 2021

8-K filing: Titan International, Inc. issued 4,032,259 shares of restricted common stock to the RDIF equity holders in a private placement on December 17, 2021, fulfilling a prior agreement.

62M 0
Nov 04, 2021

10-Q filing | 62.3M shares outstanding

62M 0
Jul 29, 2021

10-Q filing | 61.7M shares outstanding

62M 0
May 06, 2021

10-Q filing | 61.5M shares outstanding

61M 0
Mar 04, 2021

10-K filing | 60.8M shares outstanding

61M 0
Nov 05, 2020

10-Q filing | 60.9M shares outstanding

61M 0
Aug 06, 2020

10-Q filing | 60.6M shares outstanding

61M 0
May 07, 2020

10-Q filing | 60.4M shares outstanding

60M 0
Mar 04, 2020

10-K filing | 60.1M shares outstanding

60M 0
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