RE:Company bought back at $20+ years past. Share price nowIf the company had not bought back 60 million shares in the past 6 years would they be able to afford a dividend of $1.54/share? That would be costing them US $172 million instead of $108 million. That's $64 million more per year that can go into Big E exploration that could double or triple our reserves.
I have to love that.