> not really, they're a means of returning money to the shareholders while bypassing taxes on dividends. This is actually a new idea. Prior to a change by the

> not really, they're a means of returning money to the shareholders while bypassing taxes on dividends. This is actually a new idea. Prior to a change by the Reagan administration in 1982, they were considered to be an illegal form of market manipulation. Dividends served the purpose of dumping excess funds to shareholders.