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
DateValue
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