3 ms·
About 1/3 of the way down, there’s an explanation of the small tax advantages and the flexibility it gives the company (pausing a buyback program is not reacted
by sokoloff 3y ago
About 1/3 of the way down, there’s an explanation of the small tax advantages and the flexibility it gives the company (pausing a buyback program is not reacted to the same way as a dividend cut).
Ctrl-F “flexibility”