RE:RE:Buyback tax coming in 2024I hear you but you got to ask yourself is the stock price way too low today in management's eye's. You only get the opportunity to buyback shares cheaply when they are cheap. If management believes the SP will someday be say 8 bucks then buybacks today from a straight up mathamatical point of view would be the right decision, I think. Many factors or many timeframes will prove whether the right decision was made. My crystal ball is on the fritz so whatever Baytex's accountants figure is best will work for me.
robert41 wrote: Personally I think debt should be priority one get it paid down asap....I beleive the stock will respond more positively to debt reduction than an increased divi.. the dividend increases can come later. The 2% tax on buying back shares will be more palatable if your debt is taken care of.