I've seen you post negative notes like this about the buy-back multiple times. What do you base this on? Maybe they havent started, maybe they have. You state it as if it is a fact they havent started.
A. The buyback was stated to be "Over the next year" This was PR'd about a month ago. Do you expect them to buy 1bil shares in the 1st month?
B. Even if they havent started (which I would like to know how you seem to know), big deal. There is still 11 more months in the year.
"After the PR it seemed they would be aggressive with it and it looks like it never materialized. Oh well..."
How do you know this?
Not trying to be overly critical, if I missed something though and they stated somewhere the company gave up on this idea (which is the tone I get from your post) please inform me.