There is a tax deferral advantage to shareholders (esp. ones in a high tax bracket) from stock buy backs vs dividends. For investors with a low income (retiree

There is a tax deferral advantage to shareholders (esp. ones in a high tax bracket) from stock buy backs vs dividends. For investors with a low income (retirees for eg.) they can actually receive a good amount of dividends “tax free” (the company has already paid taxes on it so there is a dividend tax credit)