The entire purpose of a company is to return value to shareholders. Due to our current tax law, buybacks are a much better way to do that than dividends. Are

The entire purpose of a company is to return value to shareholders. Due to our current tax law, buybacks are a much better way to do that than dividends. Are you saying that a company should invest 100% back into itself? There are a few very successful companies that do that, but the vast majority do not. Most companies return value to shareholders regularly in the form of dividends (or buybacks).