Buyback Radar

Garrett Motion

GTX

Garrett Motion has retired 21.4% of its shares since 2023, from 238,256,506 to 187,188,503.

21.4%retired since 2023
-146.0%last 5 years
7.6%last 12 months
187Mshares today
Shares outstanding, 2016 to todaysplit adjusted, from SEC filings
a quarter gone 2016half gone 2016238M shares, 2023187M201620182020202220242026
2016, 74,070,8522026-04-24, 187,188,503

Early years use the fiscal-year average share count from the 10-K.

A share bought in 2023
1.3× more of Garrett Motion today, without buying another share. It was one of 238,256,506 shares then. It is one of 187,188,503 now.
Every filing we read10 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20162016-12-3174,070,85210-Kfiscal-year average
20172017-12-3174,019,82510-K
20182019-02-2674,019,82510-K
20192020-02-2574,830,13310-K
20202021-02-0475,813,63410-K
20212022-02-0764,522,01410-K
20222023-02-0864,842,99710-K
20232024-02-09238,256,50610-K
20242025-02-14205,009,80110-K
20252026-02-13189,971,05210-K

Source: all 10-K filings of Garrett Motion on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, since fiscal 2024cash flow statement against share count
$504Mspent on buybacks
51Mfewer shares outstanding
$10spent per share that actually disappeared
$50Mpaid in stock compensation over the same years

Part of every buyback only replaces shares handed to employees. That part costs money and retires nothing, so the cost per share that disappeared is higher than the average price the company paid.

The stock, long termprice chart by TradingView

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Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Garrett Motion in depth on Cannibal Stocks.

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