3 ms·
Might be more tax efficient, but I've seen a lot of companies buy back shares when the shares are high. Aside from high growth companies (which aren't usually
by prewett 9y ago
Might be more tax efficient, but I've seen a lot of companies buy back shares when the shares are high. Aside from high growth companies (which aren't usually buying back shares), that's value-destroying. Buy high, then sell low via options... With that kind of buybacks, I'll take the dividends, thanks.
- klipt 9y ago> value-destroying If you believe it's bad for the buyer (the company) then it must be good for the seller (you, if you participate in the buyback).