Context is your friend...
may
verb
1.
expressing possibility.
2.
expressing permission.
"adopted a corporate resolution to authorize a stock repurchase plan pursuant to which World Assurance Group Inc. may repurchase up to 100,000,000 (100 Million) shares"
I read that as we have permission to repurchase stock.
Now, due to the fact you are the one disputing the merits of that PR, please please, find a PR that says "we ARE no doubt about it repurchasing stock and you can take that to the bank".
I already know you won't even look, but if you find one, I look forward to the link.
