EPAC ENERPAC TOOL GROUP CORP

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

Bought back stock in 4/4 quarters. Q1 2026: $4M, Q3 2025: $3M, Q2 2025: $4M, Q1 2025: $26M

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

Latest quarter $4M vs trailing avg $11M (-60%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-69M), cannot compute buyback ratio

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

Repurchased 1,499,074 shares = 2.2% of 68,056,387 outstanding (annualized)

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

1 open-market purchase by Limberger Markus

• Limberger Markus (EVP, Operations) bought 3,000 shares at $17.51 on 2022-09-21

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $1M (net selling)

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 13.6x more than bought. 2 C-suite officers among sellers

• Sternlieb Paul (President and CEO) sold 2,700 shares on 2025-10-16
• Dillon Ricky T (EVP-Chief Financial Officer) sold 8,955 shares on 2022-03-29