Quote:
Originally Posted by Tyrone Slothrop
I don't get what's wrong with buybacks, conceptually. Is it not essentially like paying a dividend? If a company doesn't have a good way to re-invest its cash, why not let it give the cash back to its shareholders?
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Buyback. You give someone money, they give you their equity in your company back.
Dividend. You pay someone for them to maintain their equity in your company
