HMMM...... The CEO is from Wall street..... A Stock Split will never happen... They are buying back shares to shirnk the shares on the street to thus drive up shareholder equity. You must be a Brand new investor. You NEVER want a company to split the stock. you want them to buy back their shares and shirnk the float. Basic economics fewer shares availbale to trade creates a larger demand and drives the price up.
Well I guess you could look at it that way ,but you also want to grow your share holders as the company grows.New share holders are more ready available at the split price.The company will always stand on its own with good pipe line and management.Think about it!!!!Have a great day!!!!