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FTFY: "they're _almost_ the same thing."

Dividends lower stock price by moving cash from company to owner, buybacks increase stock prices[1] by de-diluting, so only one of those is evidence of the CEO (whose compensation is often tied to stock price) acting on his own interests. Also taxation is different.

[1] https://www.investopedia.com/articles/active-trading/073015/...



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