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You have the right idea. That's probably what they will do, but not as a dividend (those are taxed as ordinary income). Instead they will buy back stock, reduci
by SapphireSun 9y ago
You have the right idea. That's probably what they will do, but not as a dividend (those are taxed as ordinary income). Instead they will buy back stock, reducing the supply of stock and increasing the price. Long term sales of stock incur a 15% tax rate.
I'm not saying this is good, but this is what they will do.
- walshemj 9y agoahh so the bankers make $$ for an arcane opaque "buyback" I would rather have the $ now and as my apple holdings are in Investment trusts in my ISA I don't pay tax on dividends.