share buy back announced, page-48

SHAWS handling the buyback doesnt make me feel confident.
They had advised on a previous buyback around the $1 mark and all it did was support the price till the buyback was over.
Why isnt this money being passed to the shareholders as a dividend?
Shareholders will not benefit from this buyback at all as was proven before and why should this be any different.
Sounds like a fat fee for the south african boys is all we'll see.
This stock is only existing for a few fat cats!!