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Chief Executive Gil Shwed said an annual survey conducted by the company showed that most of its shareholders preferred a share buyback to a dividend, noting ...

Has anyone seen any proof that this survey was conducted? Any results? Did they just poll the top 10 holders or ones that call into IR? Were any of you surveyed? Do any of you talk to IR?

From the call:

I think it's based on feedback that we received from shareholders. I mean, Tal and Kip and -- I mean, our IR team is doing a lot of work to really get quantitative data, to survey investors about those preferences. I think we do see that there is a potential to increase the buyback. We've also analyzed the economical effects on that and we see that they were positive. So I think overall, it's a good decision. I think we have the resources. I think we have the upside potential. So hopefully, it will have the positive effect moving forward. It doesn't impact our ability or our motivation to execute some acquisitions. And I hope that we will find the right companies, and we will execute some of these acquisitions even though in the amount of the universe that we are in and the innovation that we have internally in Check Point, it's not easy to find the right acquisition. And right now, by the way, I'm seeing plenty of innovation coming from within Check Point to the marketplace

"I think it is based on..."?

You think it is based on, or, it is based on???

Not that material to me but I'm curious.
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