Ok sorry to be all preachy. We are both on the same team and I think in the end we are talking about different things.
Put another way, when my firm did the math in December and realized we’d save >$20 million in taxes this year, lowering prices wasn’t even in the discussion. Mgmt’s top three priorities for that extra cash was share repos, dividend increases and capital investments, in that order (aka producer surplus). In fact, our prices have gone up a bit more this year YTD than same time last year.