Post by
quinlash on Dec 20, 2024 9:09am
News Out Change to Sharecount
As disclosed a couple of months ago and voted for in the last general meeting Tilray has increased it's APPROVED Max sharecount. This is different from SHARES ISSUED and does NOT mean dilution (just getting that out of the way).
Link to article below explains it fairly well.
The CEO noted more expansion so I'm expecting they are buying someone out relatively soon.
Anyone doing their own EPS calculations / estimates are not affected as QTR end cutoff was Nov 30 for 2025 Q2 reporting
https://www.investing.com/news/sec-filings/tilray-increases-authorized-shares-after-stockholder-vote-93CH-3783880