Lumentum Holdings (LITE) Shares Repurchased (2021 - 2023)
Lumentum Holdings (LITE) reported Shares Repurchased of $139.8 million for Q3 2023, up 46.69% on a YoY basis from $95.3 million in Q3 2022, and up 290.5% quarter-over-quarter from $35.8 million in Q4 2022.
Lumentum Holdings (LITE) Shares Repurchased (2021 - 2023) Analysis & Trends
Lumentum Holdings has reported Shares Repurchased for 3 years, with the latest figure at $139.8 million in Q3 2023.
- For the quarter ending Q3 2023, Shares Repurchased rose 46.69% year-over-year to $139.8 million; the trailing twelve-month figure through Mar 2024 stood at $139.8 million (up 6.64% YoY), and the FY2023 full-year result was $175.6 million, down 67.71% from the prior year.
- Shares Repurchased for Q3 2023 stood at $139.8 million, up from $35.8 million in the prior quarter.
- The five-year high for Shares Repurchased was $362.6 million in Q1 2022, with the low at $35.8 million in Q4 2022.
- Historically, Shares Repurchased has averaged $165.9 million across 3 years, with a median of $139.8 million in 2023.
- Annual changes were most pronounced in 2022 — Shares Repurchased slumped 60.96% — and 2023, when it surged 46.69%.
- Lumentum Holdings' Shares Repurchased stood at $91.7 million in 2021, then sank by 60.96% to $35.8 million in 2022, then soared by 290.5% to $139.8 million in 2023.
- The last three Shares Repurchased figures came in at $139.8 million (Q3 2023), $35.8 million (Q4 2022), and $95.3 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Repurchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 490.53 Bn | 473.89 Bn | 10.08 Bn | 1.25 Bn |
| 2 | Motorola Solutions | 67.33 Bn | 66.46 Bn | 1.36 Bn | 118.00 Mn |
| 3 | Hewlett Packard Enterprise | 66.45 Bn | 61.61 Bn | 8.25 Bn | 158.00 Mn |
| 4 | Ciena | 65.26 Bn | 63.96 Bn | 625.52 Mn | 80.51 Mn |
| 5 | Lumentum Holdings | 63.59 Bn | 60.42 Bn | 357.00 Mn | - |
| 6 | Ubiquiti | 34.51 Bn | 34.15 Bn | 370.71 Mn | - |
| 7 | AST SpaceMobile | 26.76 Bn | 27.35 Bn | -69.36 Mn | - |
| 8 | Applied Optoelectronics | 14.94 Bn | 14.50 Bn | 43.92 Mn | - |
| 9 | Zebra Technologies | 11.45 Bn | 11.33 Bn | 742.00 Mn | 300.00 Mn |
| 10 | Viavi Solutions | 11.03 Bn | 11.02 Bn | 234.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 1, 2023 | 139.80 Mn |
| Jul 1, 2023 | 139.80 Mn |
| Oct 1, 2022 | 35.80 Mn |
| Oct 1, 2022 | 35.80 Mn |
| Jul 2, 2022 | 95.30 Mn |
| Jul 2, 2022 | 95.30 Mn |
| Apr 2, 2022 | 200.00 Mn |
| Apr 2, 2022 | 200.00 Mn |
| Jan 1, 2022 | 362.60 Mn |
| Jan 1, 2022 | 362.60 Mn |
| Oct 2, 2021 | 91.70 Mn |
| Oct 2, 2021 | 91.70 Mn |
| Jul 3, 2021 | 236.00 Mn |
| Jul 3, 2021 | 236.00 Mn |