On the last note of your comment, you say that the share increase has nothing to do with performance or achievements, again, I disagree.  Here are the annual earning per share for National Bank for the last 11 years.  As you will notice, NA that's a nice increase year after year.  What kind of performance are you looking for.

2002 - 2.18,

2003 - 3.37,

2004 - 4.10,

2005 - 4.98,

2006 - 5.22,

2007 - 3.25,

2008 - 4.69,

2009 - 4.96,

2010 - 5.99,

2011 - 7.00,

2012 - 9.40.