I agree. They need to do a reverse split if they want to change the shares in circulation.
The idea was a company could show faith by buying their own stock. Now ceo pay is tied to factors associated with the stock that can be manipulated by buying it back.
The IBM bro Ginny made millions while the company shrunk by manipulating the stock.
I don’t care what a ceo makes. I do care what they do. If they’re only focusing on themselves, I care.