PRGO PERRIGO Co plc

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

Bought back stock in 4/4 quarters. Q3 2019: $135M, Q2 2019: $157M, Q1 2019: $108M, Q3 2018: $133M

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

Latest quarter $135M vs trailing avg $133M (+2%)

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

Buyback $533M / FCF $464M = 115% of FCF

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

Repurchased 0 shares = 0.0% of 137,600,000 outstanding (annualized)

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

10 open-market purchases by 6 insiders

• Parker Geoffrey M. () bought 7,500 shares at $14.18 on 2025-11-12
• Lennox Abigail (EVP and CSO) bought 1,255 shares at $22.41 on 2025-09-08
• Atkinson Charles (EVP, General Counsel & Sec.) bought 1,000 shares at $23.20 on 2025-09-05
• Willis Robert (EVP & CHRO) bought 1,488 shares at $24.10 on 2025-08-22
• Parker Geoffrey M. () bought 4,375 shares at $22.97 on 2025-08-18
• Bezerra Eduardo Guarita (EVP & Chief Financial Officer) bought 3,000 shares at $22.74 on 2025-08-18
• Lockwood-Taylor Patrick (CEO) bought 4,060 shares at $22.37 on 2025-08-08
• Lockwood-Taylor Patrick (CEO) bought 346 shares at $22.38 on 2025-08-08
• Lockwood-Taylor Patrick (CEO) bought 54 shares at $22.37 on 2025-08-08
• Parker Geoffrey M. () bought 3,500 shares at $27.10 on 2025-05-12

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 10 insider purchases by 6 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 $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