Lucid Group, Inc. (LCID) Share Buybacks
The buybacks for Lucid Group, Inc. (LCID) is $218.79 Million with a year-over-year change of +956.14%. Share buybacks (stock repurchases) represent cash spent by the company to buy back its own shares in the open market, reducing shares outstanding and returning capital to shareholders.
LCID Buybacks Chart
Current Buybacks
$218.79M
$218.79 Million
Year-over-Year Change
+956.14%
vs. $20.72M prior year
Historical Data
4
Years of data available
Annual Buybacks History
| Year | Buybacks | YoY Change | % Change |
|---|---|---|---|
| 2022 | $218.79M | +$198.07M | +956.14% |
| 2021 | $20.72M | +$8.62M | +71.19% |
| 2020 | $12.10M | $-37.90M | -75.80% |
| 2019 | $50.00M | — | — |
About Lucid Group, Inc.
Operating at the intersection of technology and the automotive industry, Lucid Group, Inc. specializes in the development of electric vehicle (EV) technologies. The company is responsible for the complete cycle of designing, engineering, and manufacturing electric vehicles, including their vital powertrain and battery systems. By the end of 2021, Lucid had expanded its physical presence to twenty retail studios across the United States. The company was founded in 2007 and is headquartered in Newark, California.
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- CEO
- Marc Winterhoff