If growth remains the same I believe people would not complain but it cannot "buy itself" in this scenario, the market would adjust for reserves the company has

If growth remains the same I believe people would not complain but it cannot "buy itself" in this scenario, the market would adjust for reserves the company has and the market capitalization would move accordingly. If growth begin to stall with their reserves there probably would be a pressure from those with voting rights in the company for the company to pay more dividends on the profit. If that do not happen the company could announce a buyout of all its shares and if everyone agrees it can go private if it wishes. EDIT: Adjusting the 2nd paragraph.