Only $25M this time, I guess they don't want to drive it up too much before they buy shares back. Though they know they have to do it soon, can $$ is going to be hard to hide and the stock should respond accordingly.
A prediction: IF they increase the buyback by another $25 million, it will be more than made up for by dilutive stock grants to the execs. Check share count today, then again in 12 months. If this was a real buyback, share count would decrease by about 150k shares, or about a bit less than 2%. I predict that there will not be a decrease in share count at the end of this period.
The purpose of the buybacks are to keep the dilution minimal. It's interesting that through the years the executives have generally cashed their vested options out. One would think that it's hard to replace a stock that has 31%/CAGR over five years. But in the case of Roper it's been no problem as his cash in LL has grown 45%/CAGR over the same period.