They plan to buy back stock to offset dilution from stock compensation program. So you know where I'm coming from, I own calls, so I like SAFM. But why is this announcement positive? I agree they should do a proactive buyback. With a p/e of 8x normal p/e the stock yield is 12.5%, much higher than after-tax cost of debt, and they are sitting on a lot of cash. But if they are just going to offset dilution, I don't see why it's such a big deal.