Knowing DRVEN as I do, and I mean personally for a few years, he shares a thought same as me, it's important what EDIG does with the money, should they come into a decent size pot.
If the company announces a share buyback, it sends a very positive signal, which is DRVEN's point.
There are specific rules/guidelines set by the SEC and it can take long as 18 months, as there are restrictions on what % per month can be re-purchased.
There is a wealth of info on this in Google.
https://www.google.com/#q=sec+share+repurchase+rules