Share buy back window dressing

Why would a company only buy back 60,000 shares when the price tanks 2% on one day … and it wasn’t a dividend day?

if buy back is a shrewd strategically correct and important thing to do,
- why not buy back a much bigger % of capital (not 1%)
- why did they start buying around $250 a share
- wouldn’t you load up on soft days and hold back buying on strong days?

my view is that this scheme to buy back shares is merely to soften the sharp fall days … and takes some short term pressure off leadership accountability and media attention

I guess that strategy is probably working as media are being rather soft given the capitalisation value lost in the meltdown