> The problem here is that doing anything else as a publicly traded company is illegal. But also consider that shareholders loose everything they invested if th

> The problem here is that doing anything else as a publicly traded company is illegal. But also consider that shareholders loose everything they invested if the stock price goes to zero. Not sure if it is illegal or not, but it certainly isn't viable. Who would invest in a company that explicitly doesn't want to grow? Dividends could be an alternative, but due to how taxation works they are unattractive. They get taxed at a higher rate and I cannot control when they get paid. With investment returns from selling, I can control when I sell and pay taxes and can also turn the tax rate into the much lower long-term capital gains.