Antidilutive effect

(redirected from Anti-Dilutive Effect)

Antidilutive effect

Result of a transaction that increases earnings per common share (e.g., by decreasing the number of shares outstanding).

Antidilutive Effect

The result of the retirement of shares, usually through a buyback. That is, a company may buy back some of its own shares from shareholders, which reduces the number of shares outstanding. This increases the company's earnings per share, which in turn usually increases the stock price.
References in periodicals archive ?
06 Weighted Average Shares Outstanding: Basic 27,291,483 27,047,650 27,260,363 26,982,486 Diluted (A) (B) 27,753,671(A) 27,047,650(B) 27,260,363(B) 26,982,486(B) (A) Including common shares issuable upon conversion of Trust Preferred securities would have had an anti-dilutive effect, therefore diluted shares only includes common stock equivalents.
In addition, the conversion to Common Stock at such a premium to market price results in an anti-dilutive effect to existing common shareholders.
Under the share repurchase plan, the Company may, from time to time, purchase up to four million shares of its common stock based on a number of factors, including market conditions, the market price of the Company's common stock, anti-dilutive effect on earnings, available cash and other factors as the Company deems appropriate.
For this purpose, statements concerning the anticipated anti-dilutive effect of stock repurchases and any statements using the terms "should," "expect," or similar statements are forward-looking statements that involve risks and uncertainties that could cause our actual results to differ materially from those projected.
In calculating the diluted EPS figure for the full year, the convertible debt was excluded from the calculation as the inclusion of the convertible debt had an anti-dilutive effect on the EPS figure.
09 Weighted Average Shares Outstanding: Basic 27,089,311 26,821,976 27,018,322 26,775,203 Diluted (A)(B) 27,526,510(A)36,431,098 27,018,322(B)36,609,916 (A) Including common shares issuable upon conversion of Trust Preferred securities would have had an anti-dilutive effect, therefore diluted shares only includes common stock equivalents.
He said: "The Company also benefits from the anti-dilutive effect of removing some 550,000 warrants from circulation.
Tendering stockholders are able to sell shares at discounts from net asset value that are lower than current market discounts, while all remaining stockholders benefit from the anti-dilutive effect of the Fund's purchasing its shares at below net asset value.
b) Excludes the conversion of zero coupon convertible debentures, which have an anti-dilutive effect.
Common stock equivalents are not included in calculation due to their anti-dilutive effect.
For this purpose, statements concerning the anticipated anti-dilutive effect of stock repurchases and any statements using the terms "would," "anticipate," "likely," or similar statements are forward-looking statements that involve risks and uncertainties that could cause our actual results to differ materially from those projected.
Tendering stockholders would be able to sell shares at discounts from net asset value that are lower than current market discounts, while all remaining stockholders would benefit from the anti-dilutive effect of the Fund's purchasing its shares at below net asset value.