OFG OFG BANCORP

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

Bought back stock in only 1/4 quarters. Q3 2016: $5M, Q1 2014: $0M, Q3 2013: $0M, Q2 2013: $0M

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

New buyback activity: $5M after no prior spending

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

Negative FCF ($-355M), cannot compute buyback ratio

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

Repurchased 2,084,699 shares = 4.6% of 45,440,269 outstanding (annualized)

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

1 open-market purchase by FRANQUI ANNETTE

• FRANQUI ANNETTE () bought 1,540 shares at $42.06 on 2026-02-20

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 $0M (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