Tell Inc. is a publicly-traded, low-tech firm, and it has a profitable record over the last 10 years.

Recent Tell growth was below the average of US publicly-traded companies, and Tell's stock trades at a below-average P/E multiple.

Tell has not paid a cash dividend over the last 10 years.

The company has $200 million in cash on its balance sheet. Total assets are $1 billion. Tell has no debt on its balance sheet. (i.e., all equity, or negative 'net debt').

Tell decides to provide a cash dividend of $10 million per year, and the company announces a $100 million share repurchase immediately.

Provide at least two (2) possible reasons for why Tell Inc. made this decision. No calculations are required.