OI O-I Glass, Inc. /DE/

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

Bought back stock in 4/4 quarters. Q3 2025: $10M, Q2 2025: $10M, Q1 2025: $10M, Q3 2024: $10M

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

Latest quarter $10M vs trailing avg $10M (+0%)

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

Negative FCF ($-826M), cannot compute buyback ratio

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?

3 open-market purchases by 3 insiders

• Haudrich John (SVP & Chief Financial Officer) bought 2,289 shares at $13.05 on 2025-08-05
• ABRAHAMS DARROW A (SVP, GC & Corporate Secretary) bought 3,828 shares at $13.05 on 2025-08-05
• Hardie Gordon (President & CEO) bought 8,000 shares at $13.10 on 2025-08-05

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 selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected