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?

14 open-market purchases by 9 insiders

• Aqua Capital, Ltd. () bought 4,200 shares at $18.85 on 2026-04-15
• Aqua Capital, Ltd. () bought 1,643 shares at $18.90 on 2026-04-14
• Aqua Capital, Ltd. () bought 14,372 shares at $17.47 on 2026-04-08
• Aqua Capital, Ltd. () bought 5,000 shares at $22.47 on 2026-02-02
• Mulligan Donal L () bought 15,000 shares at $17.40 on 2025-12-02
• LaVigne Mark Stephen (President and CEO) bought 10,000 shares at $17.11 on 2025-12-02
• Angelette Benjamin J (Chief Administrative Officer) bought 1,000 shares at $17.14 on 2025-12-02
• VITALE ROBERT V () bought 21,009 shares at $23.55 on 2025-05-21
• Mulligan Donal L () bought 10,000 shares at $23.66 on 2025-05-19
• Drabik John J (EVP, Chief Financial Officer) bought 1,000 shares at $23.86 on 2025-05-16

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.

14 insider purchases but company buybacks inactive

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