RE:RE:RE: First Quarter 2022 Financial and Operating ResultsShare count went up about 3 million shares for end of Q1 2022 as compared to end of Q 2021. So first few million of share buybacks was just a transfer to principals with incentive option grants.
Hopefully they will achieve a meaningful share reduction. They have permission to buy in ten percent of shares or about 18.5 million shares this year. That could be increased.
As debt disappears I htink they should have a mixed program including some dividend in addition to buybacks. And there should be a target price above which they do not buy shares.