RE:no ideaIt's a risk that GXE is taking to increase share holder value and increase the SP. They obviously think the stock is currently undervalued. However, for them to implement buybacks and pay an industry leading dividend too boot, they will be anticipating oil staying above $80.00. A stock buyback can be a good thing if a company is able to still have cash to pay the dividend and increase production. However, by initiating a buyback to raise its share price while ignoring its future growth potential, shareholders may lose out in the long run. It all comes down to where the price of oil is going to settle, if it does.