Despite buying back 129.5K shares since September 2012, there are more shares out today than this time last year. I can't wait to hear the CC spin. Let's not forget that this is the time of year for stock awards. How that will be justified I have no idea. Perhaps its time for some new blood on the compensation commitee. I thought we had finaly broken out of the slump.
Share buybacks are a scam. The company buys on the same day the insiders sell. There is no law that obliges companies to disclose when they bought shares. For a thinly traded company such as OCC, buybacks are perfect for the insiders.