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by takinola 771 days ago
This is incorrect. If the company is public, there is no way to buy stock from a particular set of shareholders without impacting the price of the stock owned by other shareholders. If you own stock in a company that is looking to give money back to shareholders, you definitely want them to do it via buybacks (rather than dividends) for the tax benefit.
1 comments

Ok,happy to be wrong in that case. I'm not sure where I read buybacks can be manipulated so I won't speculate further.