VNET Group, Inc. (VNET) - Dilution Analysis

Visualizing historical and potential share dilution over time

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Dilution Analysis

Low Risk

Limited dilution potential

Last updated: April 16, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 0% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

60K

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

VNET currently has 60K outstanding shares. with minimal authorized share overhang for future dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding
Apr 16, 2026	20-F filing \| 0.1M shares outstanding	60K
Apr 25, 2025	20-F filing \| 30.7M shares outstanding	31M
Apr 26, 2024	20-F filing \| 865.4M shares outstanding	870M
Apr 26, 2023	20-F filing \| 859.9M shares outstanding	860M
Apr 26, 2022	20-F filing \| 668.8M shares outstanding	670M
Apr 28, 2021	20-F filing \| 505.3M shares outstanding	510M
Apr 02, 2020	20-F filing \| 505.3M shares outstanding	510M

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