Message Font: Serif | Sans-Serif
No. of Recommendations: 1
The financial snapshot says the TTM rate of share dilution is 25.0%, is that correct?

Can someone please explain why the rate of share dilution has increased so much.

Rofin did issue approximately 2.9 million additional shares back in March of 2004 with the company yielding $75 million as a result. According to a recent 10-Q, the company intends to use
'the aggregate net proceeds from the offering for working capital, other general corporate purposes and for acquisitions of complementary products, technologies or businesses as opportunities arise.

We've seen that they have spent approximately $35 million of this on acquisitions in recent weeks. I wonder if they have anything else planned.


John Reeves
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.