But even though they were buying back--or at least said they were--stock price was NOT going up. In that situation, the usually reason is that the company is also issuing new stock that's hitting the market.
I think too much time has passed for recission of the dividend to be practicable. But we'll see.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.