CABO Cable One, Inc.

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

Bought back stock in 4/4 quarters. Q3 2024: $16M, Q2 2024: $41M, Q1 2024: $42M, Q3 2023: $115M

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

Latest quarter $16M vs trailing avg $66M (-75%)

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

Negative FCF ($-254M), buybacks not supported by cash flow

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

Repurchased 1,292,488 shares = 22.9% of 5,635,219 outstanding (annualized)

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

6 open-market purchases by 5 insiders

• Koetje Todd M (Chief Financial Officer) bought 998 shares at $100.16 on 2026-03-03
• Weymouth Katharine () bought 150 shares at $130.88 on 2025-06-16
• WEITZ WALLACE R () bought 5,188 shares at $132.08 on 2025-06-13
• WEITZ WALLACE R () bought 1,812 shares at $133.82 on 2025-06-13
• Detz Margaret Masoner (Chief People Officer) bought 300 shares at $132.28 on 2025-06-12
• Meduski Mary E () bought 250 shares at $148.00 on 2025-06-11

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 6 insider purchases by 5 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 $0M, sold $0M 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