AGO ASSURED GUARANTY LTD

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q2 2026: $131M, Q1 2026: $120M, Q3 2025: $131M, Q2 2025: $152M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $131M vs trailing avg $134M (-2%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $534M / FCF $234M = 228% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

2 open-market purchases by 1 insiders

• ASSURED GUARANTY LTD () bought 209,388 shares at $24.83 on 2026-07-22
• ASSURED GUARANTY LTD () bought 242,718 shares at $24.72 on 2026-04-30

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters and 2 insider purchases by 1 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $11M, sold $4M in the last 90 days (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected