LKQ LKQ 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: $40M, Q3 2025: $125M, Q2 2025: $125M, Q1 2025: $30M

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

Latest quarter $40M vs trailing avg $93M (-57%)

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

Negative FCF ($-216M), buybacks not supported by cash flow

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

Repurchased 12,600,000 shares = 4.9% of 255,000,000 outstanding (annualized)

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

3 open-market purchases by 3 insiders

• Urbain Xavier () bought 15,000 shares at $32.12 on 2025-08-28
• CLARKE ANDREW C () bought 5,000 shares at $31.95 on 2025-08-27
• Jude Justin L (President and CEO) bought 5,669 shares at $31.50 on 2025-08-27

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 3 insider purchases by 3 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 $1M, 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