AMRZ
Amrize Ltd
NYSEUSDEQUITY
Basic Materials
DELAYED
Last price
45.68
▲ 1.06 (2.38%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
45.22
Prev close
44.62
Day high
45.90
Day low
45.14
Volume
2.90M
Market cap
$24.98B
P/E (TTM)
20.48
52W range
44.30 – 65.94
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
40.32M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 17, 26 | POLETTI SAMUEL JONAS Officer |
BUY | 2.51K | $117.77K | Direct |
| Aug 12, 26 | ORAN BARIS Chief Financial Officer |
BUY | 6.00K | $283.53K | Direct |
| Aug 11, 26 | CLARK STEPHEN S Officer |
BUY | 5.26K | $248.85K | Direct |
| Aug 11, 26 | BROUWER ROALD Chief Technology Officer |
BUY | 1.50K | $69.54K | Direct |
| Aug 11, 26 | GROSS MARIO Officer |
BUY | 3.57K | $166.25K | Direct |
| Jun 30, 26 | BROUWER ROALD Chief Technology Officer |
STOCK | 233 | $10.56K | Direct |
| May 22, 26 | FORREST NOLLAIG Officer |
BUY | 2.00K | $100.50K | Direct |
| May 21, 26 | BROUWER ROALD Chief Technology Officer |
BUY | 1.50K | $74.76K | Direct |
| May 20, 26 | GROSS MARIO Officer |
BUY | 4.00K | $196.03K | Direct |
| May 19, 26 | JENISCH JAN PHILIPP Chief Executive Officer |
BUY | 19.00K | $938.45K | |
| May 15, 26 | JENISCH JAN PHILIPP Chief Executive Officer |
BUY | 28.42K | $1.41M | |
| May 5, 26 | CLARK STEPHEN S Officer |
BUY | 2 | $114 | Direct |
| Apr 21, 26 | LADHANI HOLLI C Director |
STOCK | 2.98K | $0 | Direct |
| Apr 21, 26 | NEWMAN DONALD P Director |
STOCK | 2.98K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BROUWER ROALD |
Chief Technology Officer | 21.49K | Purchase |
CLARK STEPHEN S |
Officer | 10.64K | Purchase |
FORREST NOLLAIG |
Officer | 20.14K | Purchase |
GOSA JAMES JAKE |
Officer | 55.64K | Stock Award(Grant) |
GROSS MARIO |
Officer | 38.48K | Purchase |
HILL JAIME |
Officer | 28.00K | Purchase |
JENISCH JAN PHILIPP |
Chief Executive Officer | — | Purchase |
JOHNSTON IAN A |
Chief Financial Officer | 25.11K | Purchase |
OLEAS JURG AMADEO |
Director | 23.89K | Stock Award(Grant) |
POLETTI SAMUEL JONAS |
Officer | 10.15K | Purchase |
Unusual options activity
Flagged1
Total notional$253.80K
Call notional$0
Put notional$253.80K
Tiltput-weighted
Likely opening1 of 1
| Side | Strike | Expiry | Volume | Open int. | Vol / OI | Notional | IV | Score | |
|---|---|---|---|---|---|---|---|---|---|
| PUT | 57.06 | Oct 16, 26 54d |
188 | 125 | 1.5× | $253.80K | 68% | at ask | 61 |
How this is calculated, and what it cannot see
A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.
The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.
What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.84
Call-heavy session
Put / call open interest
0.77
Positioning, not flow
Max pain
47.50
+4.0% from spot
ATM implied vol
32.7%
Nearest strike to spot
Skew (10% OTM)
+0.1%
Puts bid over calls
Call volume
135
Contracts, this expiry
Put volume
114
Contracts, this expiry
Heaviest call OI
50.00
779 contracts
Heaviest put OI
45.00
325 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-2.16%
-0.8%
1M
-5.52%
-9.3%
3M
-9.53%
-12.6%
6M
-29.86%
-40.9%
YTD
-15.53%
-27.8%
1Y
-7.34%
-27.3%
3Y
—
-74.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$24.98B
Enterprise value$31.34B
Revenue (TTM)$12.18B
Gross profit$3.06B
EBITDA$2.88B
Net income$1.24B
EPS (TTM)$2.23
Free cash flow$1.13B
Total cash$729.00M
Total debt$7.09B
Book value / share$23.40
Shares outstanding546.93M
Float486.59M
Short % of float1.47%
Dividend yield0.95%
Beta (5Y)—
Short interest
Shares short
8.02M
Prior 8.80M
Change vs prior
-8.9%
Shorts covering
% of float
1.47%
Normal
% of shares out
1.47%
Against total outstanding
Days to cover
3.0
Liquid
Float
486.59M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E20.48
Forward P/E15.03
PEG ratio1.39
Price / sales—
Price / book1.95
EV / revenue2.57
EV / EBITDA10.87
Gross margin25.09%
Operating margin20.49%
Profit margin10.14%
Return on equity9.72%
Return on assets4.96%
Debt / equity55.15
Current ratio1.10
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $11.81B | $11.70B | $11.68B | $10.73B | +0.9% |
| Operating revenue | $11.81B | $11.70B | $11.68B | $10.73B | +0.9% |
| Cost of revenue | $8.78B | $8.63B | $8.91B | $8.25B | +1.7% |
| Gross profit | $3.03B | $3.07B | $2.77B | $2.47B | -1.2% |
| Selling, general & admin | $1.13B | $944.00M | $898.00M | $752.00M | +19.5% |
| Total operating expense | $1.13B | $944.00M | $898.00M | $752.00M | +19.5% |
| Operating income | $1.91B | $2.13B | $1.87B | $1.72B | -10.3% |
| Net interest income | -$413.00M | -$512.00M | -$549.00M | -$248.00M | +19.3% |
| Pre-tax income | $1.50B | $1.63B | $1.30B | $1.46B | -8.0% |
| Tax provision | $326.00M | $368.00M | $361.00M | $366.00M | -11.4% |
| Net income | $1.19B | $1.27B | $956.00M | $1.11B | -7.0% |
| Net income to common | $1.19B | $1.27B | $956.00M | $1.11B | -7.0% |
| Basic EPS | 2.14 | 2.31 | 1.73 | 2.00 | -7.2% |
| Diluted EPS | 2.14 | 2.31 | 1.73 | 2.00 | -7.2% |
| EBIT | $1.91B | $2.14B | $1.85B | $1.71B | -10.7% |
| EBITDA | $2.81B | $3.02B | $2.70B | $2.50B | -6.8% |
| Basic shares | 553.10M | 552.70M | 552.70M | 552.70M | +0.1% |
| Diluted shares | 553.60M | 552.70M | 552.70M | 552.70M | +0.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.92B | $1.58B | $1.11B | $351.00M | +21.3% |
| Cash & short-term investments | $1.92B | $1.58B | $1.11B | $351.00M | +21.3% |
| Accounts receivable | $1.08B | $972.00M | $1.17B | $963.00M | +10.7% |
| Inventory | $1.55B | $1.45B | $1.31B | $1.23B | +6.8% |
| Total current assets | $4.68B | $4.78B | $3.94B | $3.16B | -2.1% |
| Property, plant & equipment | $8.54B | $8.08B | $8.07B | $7.75B | +5.7% |
| Goodwill & intangibles | $10.75B | $10.75B | $10.85B | $9.56B | -0.0% |
| Total assets | $24.25B | $23.80B | $23.05B | $20.67B | +1.9% |
| Total current liabilities | $2.86B | $2.55B | $2.44B | $2.25B | +12.0% |
| Current debt | $333.00M | $134.00M | $131.00M | $348.00M | +148.5% |
| Long-term debt | $4.94B | $8.50B | $8.64B | $7.62B | -41.9% |
| Total debt | $6.34B | $9.54B | $9.52B | $8.66B | -33.5% |
| Total liabilities | $10.99B | $13.89B | $13.84B | $12.46B | -20.8% |
| Retained earnings | $902.00M | $0 | — | — | — |
| Shareholder equity | $13.26B | $9.91B | $9.20B | $8.21B | +33.7% |
| Working capital | $1.82B | $2.23B | $1.50B | $906.00M | -18.2% |
| Net tangible assets | $2.51B | -$834.00M | -$1.65B | -$1.35B | +401.0% |
| Shares issued | 566.88M | 552.74M | 552.74M | 552.74M | +2.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $1.18B | $1.27B | $955.00M | $1.11B | -7.1% |
| Depreciation & amortisation | $900.00M | $875.00M | $851.00M | — | +2.9% |
| Stock-based compensation | $14.00M | $6.00M | $5.00M | $4.00M | +133.3% |
| Change in working capital | -$126.00M | $38.00M | $117.00M | $14.00M | -431.6% |
| Operating cash flow | $2.21B | $2.28B | $2.04B | $1.99B | -3.2% |
| Capital expenditure | -$788.00M | -$642.00M | -$630.00M | -$488.00M | -22.7% |
| Investing cash flow | -$361.00M | -$1.21B | -$2.02B | -$2.52B | +70.1% |
| Financing cash flow | -$1.55B | -$537.00M | $734.00M | $497.00M | -189.6% |
| Free cash flow | $1.42B | $1.64B | $1.41B | $1.50B | -13.4% |
| End cash position | $1.92B | $1.58B | $1.11B | $351.00M | +21.3% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $2.18B | $2.84B | $3.67B | $3.22B | $2.08B | -23.3% |
| Operating revenue | $2.18B | $2.84B | $3.67B | $3.22B | $2.08B | -23.3% |
| Cost of revenue | $1.97B | $2.08B | $2.59B | $2.25B | $1.86B | -5.4% |
| Gross profit | $211.00M | $760.00M | $1.09B | $966.00M | $222.00M | -72.2% |
| Selling, general & admin | $292.00M | $278.00M | $312.00M | $299.00M | $239.00M | +5.0% |
| Total operating expense | $292.00M | $278.00M | $312.00M | $299.00M | $239.00M | +5.0% |
| Operating income | -$81.00M | $482.00M | $774.00M | $667.00M | -$17.00M | -116.8% |
| Net interest income | -$70.00M | -$85.00M | -$89.00M | -$121.00M | -$118.00M | +17.6% |
| Pre-tax income | -$145.00M | $392.00M | $689.00M | $549.00M | -$133.00M | -137.0% |
| Tax provision | -$27.00M | $100.00M | $150.00M | $122.00M | -$46.00M | -127.0% |
| Net income | -$116.00M | $298.00M | $545.00M | $429.00M | -$87.00M | -138.9% |
| Net income to common | -$116.00M | $298.00M | $545.00M | $429.00M | -$87.00M | -138.9% |
| Basic EPS | -0.21 | — | 0.99 | 0.78 | -0.16 | — |
| Diluted EPS | -0.21 | — | 0.98 | 0.78 | -0.16 | — |
| EBIT | -$75.00M | $477.00M | $778.00M | $670.00M | -$15.00M | -115.7% |
| EBITDA | $158.00M | $717.00M | $999.00M | $894.00M | $200.00M | -78.0% |
| Basic shares | 553.20M | — | 553.10M | 553.10M | 552.74M | — |
| Diluted shares | 553.20M | — | 553.90M | 553.10M | 552.74M | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.10B | $1.92B | $826.00M | $601.00M | $40.00M | — | -42.8% |
| Cash & short-term investments | $1.10B | $1.92B | $826.00M | $601.00M | $40.00M | — | -42.8% |
| Accounts receivable | $1.32B | $1.08B | $1.98B | $1.85B | $1.37B | — | +22.4% |
| Inventory | $1.57B | $1.55B | $1.51B | $1.64B | $1.60B | — | +1.0% |
| Total current assets | $4.28B | $4.68B | $4.57B | $4.33B | $3.22B | — | -8.5% |
| Property, plant & equipment | $8.97B | $8.54B | $8.45B | $8.39B | $8.14B | — | +5.0% |
| Goodwill & intangibles | $10.77B | $10.75B | $10.76B | $10.83B | $10.73B | — | +0.2% |
| Total assets | $24.27B | $24.25B | $24.04B | $23.78B | $22.31B | — | +0.1% |
| Total current liabilities | $3.05B | $2.86B | $3.15B | $3.14B | $1.94B | — | +6.9% |
| Current debt | $1.11B | $333.00M | $879.00M | $937.00M | $5.00M | — | +233.3% |
| Long-term debt | $4.94B | $4.94B | $4.93B | $5.26B | $5.04B | — | 0.0% |
| Total debt | $7.10B | $6.34B | $6.89B | $7.17B | $5.96B | — | +11.9% |
| Total liabilities | $11.18B | $10.99B | $11.14B | $11.35B | $9.84B | — | +1.7% |
| Retained earnings | $785.00M | $902.00M | $601.00M | $59.00M | — | $0 | -13.0% |
| Shareholder equity | $13.09B | $13.26B | $12.90B | $12.43B | $12.47B | — | -1.2% |
| Working capital | $1.23B | $1.82B | $1.42B | $1.18B | $1.29B | — | -32.6% |
| Net tangible assets | $2.32B | $2.51B | $2.15B | $1.61B | $1.74B | — | -7.5% |
| Shares issued | 566.88M | 566.88M | 566.88M | 566.88M | 553.08M | — | 0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$118.00M | $298.00M | $543.00M | $428.00M | -$87.00M | -139.6% |
| Depreciation & amortisation | $233.00M | $240.00M | — | — | $215.00M | -2.9% |
| Stock-based compensation | $9.00M | $8.00M | $3.00M | $2.00M | $1.00M | +12.5% |
| Change in working capital | -$1.03B | $1.12B | $37.00M | -$264.00M | -$1.02B | -192.1% |
| Operating cash flow | -$896.00M | $1.80B | $854.00M | $406.00M | -$856.00M | -149.7% |
| Capital expenditure | -$272.00M | -$157.00M | -$185.00M | -$235.00M | -$211.00M | -73.2% |
| Investing cash flow | -$659.00M | -$150.00M | -$202.00M | $51.00M | -$60.00M | -339.3% |
| Financing cash flow | $743.00M | -$577.00M | -$419.00M | -$462.00M | -$97.00M | +228.8% |
| Free cash flow | -$1.17B | $1.65B | $669.00M | $171.00M | -$1.07B | -170.9% |
| End cash position | $1.10B | $1.92B | $826.00M | $601.00M | $574.00M | -42.8% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.94 | 0.86 | -8.9% |
| Mar 2026 | -0.14 | -0.21 | -47.6% |
| Dec 2025 | 0.64 | 0.54 | -16.2% |
| Sep 2025 | 1.02 | 0.98 | -3.9% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.05 | 5 | $3.86B | +5.0% |
| Next quarter | 0.68 | 5 | $3.07B | +8.0% |
| Current year | 2.49 | 15 | $12.55B | +6.3% |
| Next year | 2.94 | 16 | $13.22B | +5.3% |
Analyst targets & ownership
Mean target$56.84
High target$70.00
Low target$48.00
Implied upside24.43%
Analyst count18
ConsensusBUY
Strong buy / Buy4 / 8
Hold7
Sell / Strong sell0 / 1
Held by insiders7.37%
Held by institutions54.52%
Institutions holding791
Price targets, consensus spread, insider and institutional ownership.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 12, 26 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| Aug 11, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Aug 10, 26 | RBC Capital | DOWNGRADE | Sector Perform | Underperform |
| Jul 21, 26 | Oppenheimer | MAINTAINED | Outperform | Outperform |
| Jul 8, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Jul 7, 26 | Truist Securities | DOWNGRADE | Buy | Hold |
| May 18, 26 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| May 4, 26 | Citigroup | MAINTAINED | Buy | Buy |
| May 1, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| May 1, 26 | RBC Capital | MAINTAINED | Sector Perform | Sector Perform |
| Apr 15, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Mar 5, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
Moving averages & technicals
SMA 10
45.96
-0.61% from price
SMA 20
48.08
-4.99% from price
SMA 50
50.45
-9.45% from price
SMA 100
52.32
-12.69% from price
SMA 200
53.80
-15.10% from price
EMA 12
46.49
-1.74% from price
EMA 26
48.01
-4.85% from price
EMA 50
49.61
-7.93% from price
RSI (14)
40.8
Neutral
MACD (12,26,9)
-1.52
Hist -0.25
ATR (14)
1.54
3.37% of price
Realised vol 30D
41.5%
Annualised
Bollinger upper
53.08
20, 2σ
Bollinger lower
43.08
20, 2σ
50 / 200 cross
Death
50.45 vs 53.80
Trend bias
Below 200
-15.10%
Risk profile
Beta vs SPY
1.31
More volatile than market
Correlation to SPY
0.45
Loosely linked
Realised vol 30D
41.5%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-32.3%
Peak to trough
Max drawdown 5Y
-32.3%
Peak to trough
ATR 14
1.54
3.37% of price
Beta (reported)
—
5Y monthly, from filing
Dividends & splits
Forward rate$0.44 / yr
Forward yield0.95%
5-year avg yield—
Payout ratio0.00%
Ex-dividend dateAug 18, 2026
Next pay dateAug 26, 2026
Last split—
Split date—
SEC filings
Periodic Financial Reports
10-Q · 2026-08-10
Corporate Changes & Voting Matters
8-K · 2026-08-06
Periodic Financial Reports
10-Q · 2026-05-07
Corporate Changes & Voting Matters
8-K · 2026-04-29
Corporate Changes & Voting Matters
8-K · 2026-04-21
Corporate Changes & Voting Matters
8-K · 2026-04-14
Corporate Changes & Voting Matters
8-K · 2026-03-31
Proxy Statements
DEF 14A · 2026-03-12
Headlines
Companies Have Rarely Had Such Great Expectations
The Wall Street Journal · 9d ago
Amrize (AMRZ) Q2 2026 Earnings Call Transcript
Motley Fool · 9d ago
Amrize Insider Bought Shares Worth $283,530, According to a Recent SEC Filing
MT Newswires · 9d ago
Amrize Files Form 10-Q for Second Quarter 2026
Business Wire · 12d ago
Amrize's Q2 Earnings Miss, EBITDA Guidance Cut Raise Execution Concerns, RBC Capital Markets Says
MT Newswires · 12d ago
RBC Downgrades Amrize to Underperform From Sector Perform, Adjusts PT to $48 From $60
MT Newswires · 13d ago
Has Amrize (SWX:AMRZ) Fallen Far Enough To Look Undervalued?
Simply Wall St. · 14d ago
Amrize Ltd (AMRZ) (Q2 2026) Earnings Call Highlights: Strong Revenue Growth and Raised Guidance ...
GuruFocus.com · 15d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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