The problem with dividends is they force a taxable event onto shareholders. Many shareholders prefer buybacks because it lets the shareholder control when to ge

The problem with dividends is they force a taxable event onto shareholders. Many shareholders prefer buybacks because it lets the shareholder control when to get taxed by selling shares. Either is a wash when it comes to caring about the long term health of the company. If all my gains are through buybacks I absolutely care about the health of the company at least until the point I sell.