Mate, if that's the only metric you are looking at then ok.
You'd need to run some factual figures. These are estimates.
There's approx 3.7bil SOI
At a buyback price of $23 (for example) that's around the 152 mil share buyback number.
It would reflect circa 4%
So if you wish to apply 4% to $23 it's close to $24.
So there you go.
Personally I think they need to cut costs, and probably need interest rates to increase so they can create margin.
And then provide decent dividends.
But my guess is that we're a year away if they hit it out of the park.
Good luck.
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