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The extraordinarily low price hurt the value of existing shares.
But the move dilutes the value of existing shareholders' stakes.
Lower ratings can cut the value of existing bonds and raise future borrowing costs.
Imposing more stringent requirements on new plants has effectively increased the value of existing plants.
Recapitalisation, both long- and short-term, waters down the value of existing shares.
And a stock sale would dilute the value of existing shares.
This is why more than ever the value of existing museums is raised to the highest pitch.
Shareholders were disappointed, however, because the new shares would dilute the value of existing equity.
The bank may also sell new shares — a step that would dilute the value of existing shares.
But by increasing total outstanding shares, the bank will tend to dilute the value of existing stock.
Although most say they will still follow the official guidelines, they voice increasing uncertainty about the value of existing screening techniques.
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CEO of Professional Science Editing for Scientists @ prosciediting.com