Buying companies

There has been alot of talk about DSE buying companies.

It is anticipated that any purchase will be done in part using DSE stock or a transaction done wholly in DSE stock.

Given the following factors:
1. Profitability reached
2. Recent slide in the share price from last year
3. Healthy balance sheet +$20mil in cash

Would it be appropriate for the board to look at making the DSE stock more attractive to investors in the short to medium term by offering either:
1. A stock buy back program or
2. A dividend policy

In my humble opinion this would make the DSE stock more attractive and give DSE a better chance of being able to make its desired acquisition a reality.

Would appreciate your thoughts as a community on this idea?