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Root, Inc. ROOT Share Buybacks
Share Buybacks at other companies
Other financials
Where this comes from
Reported directly by Root, Inc. in its filing.
Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.
The source filing: Root, Inc.’s 10-K, filed February 22, 2023.
- Filed
- Feb 22, 2023
- Fiscal year
- FY2022
- Accession
- 0001628280-23-004580
| Line item | 2022 | 2021 | 2020 |
|---|---|---|---|
| Payment of preferred stock and related warrants issuance costs | (3.0) | (10.5) | — |
| Proceeds from issuance of debt and related warrants, net of issuance costs | 286.0 | — | 12.0 |
| Repayments of long-term debt | — | (199.5) | (13.5) |
| Purchases of treasury stock | — | — | (0.2) |
| Net cash provided by (used in) financing activities | 283.3 | (80.3) | 1,098.5 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 56.1 | (406.8) | 697.2 |
| Cash, cash equivalents and restricted cash at beginning of year | 707.0 | 1,113.8 | 416.6 |
| Cash, cash equivalents and restricted cash at end of year | $763.1 | $707.0 | $1,113.8 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Root, Inc.'s share buybacks?
- Root, Inc. (ROOT) reported share buybacks of $0 in Q4 2022.
- What does share buybacks mean?
- Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.
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