Originally Posted by TED74

I think this reads really well if you replace "shareholders" with "pilots". Imagine what we could achieve if management felt obligated to give pilots "some sort of satisfaction going forward".

What stock price penalty did we "pay" this year with the current PS in place? Why aren't shareholders who OWN delta smarter than the average bear, who knows that buybacks are usually a bad idea and often motivated by management's pursuit of self-enrichment?