ENR ENERGIZER HOLDINGS, INC.

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

Bought back stock in only 1/4 quarters. Q2 2026: $0M, Q1 2026: $0M, Q3 2022: $0M, Q3 2020: $21M

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

Latest quarter $0M vs trailing avg $7M (-100%)

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

Negative FCF ($-273M), buybacks not supported by cash flow

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?

18 open-market purchases by 4 insiders

• Aqua Capital, Ltd. () bought 20,000 shares at $21.10 on 2026-06-22
• Aqua Capital, Ltd. () bought 20,000 shares at $21.09 on 2026-06-22
• Aqua Capital, Ltd. () bought 20,000 shares at $21.54 on 2026-06-18
• Aqua Capital, Ltd. () bought 20,000 shares at $21.54 on 2026-06-18
• Aqua Capital, Ltd. () bought 14,000 shares at $20.00 on 2026-06-17
• Aqua Capital, Ltd. () bought 10,314 shares at $20.22 on 2026-06-17
• Aqua Capital, Ltd. () bought 35,686 shares at $18.44 on 2026-06-03
• Aqua Capital, Ltd. () bought 38,006 shares at $18.21 on 2026-06-01
• Aqua Capital, Ltd. () bought 11,790 shares at $17.90 on 2026-05-22
• Aqua Capital, Ltd. () bought 43,380 shares at $16.81 on 2026-05-21

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.

18 insider purchases but company buybacks inactive

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

Insiders bought $6M, 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