UNITED STATES CELLULAR CORP (USM) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 08, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 4.6% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
53M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

USM currently has 53.4M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 4.6% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 08, 2026

10-Q filing | 53.4M shares outstanding

53M 0
Nov 07, 2025

10-Q filing | 53.4M shares outstanding

53M 0
Aug 11, 2025

10-Q filing | 53.0M shares outstanding

53M 0
May 02, 2025

10-Q filing | 52.0M shares outstanding

52M 0
Feb 21, 2025

10-K filing | 52.0M shares outstanding

52M 0
Nov 01, 2024

10-Q filing | 53.0M shares outstanding

53M 0
Aug 02, 2024

10-Q filing | 53.0M shares outstanding

53M 0
Jul 16, 2024

S-3/A filing: This is an S-3/A filing for UScellular which includes information about risk factors, forward-looking statements, the use of proceeds, description of debt securities, preferred stock, depositary shares, the plan of distribution, legal matters, and experts.

52M 0
May 03, 2024

10-Q filing | 52.0M shares outstanding

52M 0
Feb 16, 2024

S-3 filing: This is an S-3 filing registering various securities, including debt, preferred stock and depositary shares, with a total offering amount of $1,000,000,000, which includes unsold securities from a prior registration.

52M 0
Feb 16, 2024

10-K filing | 52.0M shares outstanding

52M 0
Nov 03, 2023

10-Q filing | 52.0M shares outstanding

52M 0
Aug 04, 2023

10-Q filing | 52.3M shares outstanding

52M 0
May 04, 2023

10-Q filing | 51.7M shares outstanding

52M 0
Feb 16, 2023

10-K filing | 51.7M shares outstanding

52M 0
Nov 03, 2022

10-Q filing | 52.2M shares outstanding

52M 0
Aug 04, 2022

10-Q filing | 52.6M shares outstanding

53M 0
May 05, 2022

10-Q filing | 52.6M shares outstanding

53M 0
Feb 17, 2022

10-K filing | 52.9M shares outstanding

53M 0
Nov 04, 2021

10-Q filing | 53.2M shares outstanding

53M 0
Aug 06, 2021

10-Q filing | 53.7M shares outstanding

54M 0
May 17, 2021

S-3 filing: United States Cellular Corporation intends to offer senior and subordinated debt securities, preferred stock, or depositary shares up to an aggregate offering price of $1,000,000,000.

53M 0
May 06, 2021

10-Q filing | 53.1M shares outstanding

53M 0
Feb 18, 2021

10-K filing | 53.1M shares outstanding

53M 0
Dec 18, 2020

S-3 filing: This is an S-3 filing indicating that UScellular may offer debt securities.

53M 0
Nov 05, 2020

10-Q filing | 53.0M shares outstanding

53M 0
Aug 28, 2020

S-3 filing: U.S. Cellular files an S-3 to register debt securities for potential sale to the public, outlining various methods including underwriters, dealers, and delayed delivery contracts.

86M 0
Aug 06, 2020

10-Q filing | 86.0M shares outstanding

86M 0
Apr 30, 2020

10-Q filing | 86.0M shares outstanding

86M 0
Feb 25, 2020

10-K filing | 86.0M shares outstanding

86M 0
Feb 25, 2020

POS AM filing: This is a POS AM filing to register $500,000,000 of senior debt securities or subordinated debt securities that may be issued pursuant to the Prospectus.

N/A 0
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