I would prefer a special dividend but what do you think happens to share
price when demand for those shares goes up by 11M shares or so? That leads to higher Cap Gains (and eventually CG taxes) for existing shareholders than they would have without that added demand. And yes, those shareholders could be Granny, a retirement fund, your 401K, a union, etc. It also allows those Cos to later sell those shares one day for capital rather than take on debt which needs to be serviced.
This is pretty simple stuff Shen.
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In response to this post by Shenhoo)
Posted: 04/16/2019 at 09:26AM