I've been reading a bit.In their search for complete information on businesses, investors often overlook one very important clue. In most instances no one understands a business and its prospects better than the management. Therefore investors should be encouraged when corporate insiders invest their own money alongside that of shareholders by purchasing stock in the open market. It is often said on Wall Street that there are many reasons why an insider might sell a stock (need for cash to pay taxes, expenses, etc.), but there is only one reason for buying.
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I'm very encouraged by the recent announcement. I've been bullish on this stock ever since its crash back in august, but this upcoming repurchase ensures that the SP will gradually go up by itself. It's been a great ride so far :)