now the company has more shares it can deploy if it needs to raise capital in the future
Er, no. That's not how it works. Companies can create new shares out of nothing anytime they want.
Er, no. That's not how it works. Companies can create new shares out of nothing anytime they want.
But the real issue is that shareholders will be informed when new shares are issued and no one likes dilution. I’m not 100% sure, but I believe existing shares held by the company can be sold without notification until a quarterly report.
Companies have a number of authorized shares and typically need shareholder approval to increase it. Sure, they typically set the number of authorized shares high enough to run into the problem with any frequency, they can't "create new shares out of nothing anytime they want."