yeah the buy back stalling combined with still offering DRP is frustrating. Company is on a single digit PE and it likely rates begin to come down in FY24 from here, that will be nice tailwind. I dont understand why they'd increase the dividend so much, yet not the buyback? I guess one can personally so what the company is not not, but yes strange capital allocation.
If they're linning up an acquistion we better hope the target has a PE of less than 8.
Let's hope they didn't pay anything for the rebranding.
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