They would've done it by now. The stock has been careening for 5 months - it's red just about every day, and they really couldn't give a damn (I know, I know. Tim said he 'doesn't like it'. I say he really doesn't care, as long as he gets his paycheck and incentive bonus. Incentive - that's a laugh!!
A dividend would be stupid. What's the point of a dividend when the stock routinely drops more in a day than the dividend would be? Buy backs are what is needed. That would put some upward buying pressure back into the stock and get the PE to decompress.