AOSL ALPHA & OMEGA SEMICONDUCTOR Ltd

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

Bought back stock in only 1/4 quarters. Q3 2026: $0M, Q3 2020: $0M, Q2 2020: $0M, Q1 2020: $2M

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

Latest quarter $0M vs trailing avg $1M (-100%)

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

Negative FCF ($-24M), buybacks not supported by cash flow

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

Repurchased 1,670,256 shares = 11.1% of 30,009,000 outstanding (annualized)

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

1 open-market purchase by Chang Mike F

• Chang Mike F () bought 33,727 shares at $19.00 on 2026-03-09

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.

Neither company buybacks nor insider buying are active

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

Insiders bought $1M, sold $2M in the last 90 days (net selling)

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

No buyback-insider divergence detected