CENX CENTURY ALUMINUM CO
Last updated: May 11, 2026
Execution Consistency
Did the company actually spend money buying back stock in 3+ of the last 4 quarters?
Bought back stock in 2/4 quarters. Q3 2016: $0M, Q2 2016: $17M, Q1 2016: $19M, Q3 2015: $0M
Execution Acceleration
Is the most recent quarter's buyback spend more than 15% above the trailing average?
Latest quarter $0M vs trailing avg $12M (-100%)
Buyback vs FCF
What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.
Negative FCF ($-133M), buybacks not supported by cash flow
Buyback Intensity
How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.
Repurchased 800,000 shares = 1.6% of 98,969,007 outstanding (annualized)
Insider Buying
Are officers and directors buying stock with their own money on the open market?
No insider open-market purchases in the last 12 months
Insider-Buyback Convergence
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.
Need both buyback and insider purchase data
Insider Net Direction
Over the last 90 days, are insiders net buyers or net sellers on the open market?
Insiders bought $0M, sold $353M in the last 90 days (net selling)
Red Flag
Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.
Company buying back stock while insiders sold 626297396.1x more than bought. 3 C-suite officers among sellers
- Trpkovski Peter A (EVP, CFO) sold 16,739 shares on 2026-03-25
- Gary Jesse E (President and CEO) sold 150,000 shares on 2026-03-16
- Hafberg Agust F (SVP & Chief Commercial Officer) sold 22,884 shares on 2026-02-27
- Gary Jesse E (President and CEO) sold 150,000 shares on 2026-01-23
- Hafberg Agust F (SVP & Chief Commercial Officer) sold 9,493 shares on 2025-09-26