RE: Buybacks/Dividends10 Jun 2018 23:31
LTI,yes they could,all companies seem to chuck in this 10% clause.
Its a catch 22,like you the company doesn't give a monkey's what the share price is as long as they can buy up cheap shares.No-one is putting them under pressure so i've come to the conclusion it will be a trickle over a number of years which would best suit them but not shareholders.
Prehaps if you lot and the rest kick up enough,they may chuck in a special,something they don't have to guarantee for the future.