[themafia]

> It's a mechanism to distribute profits to shareholders

With different consequences and historical outcomes to more commonly used mechanisms.

> Do you invest in companies that don't distribute profits

Does every company that distributes profits do so with buybacks?

> does this get you some kind of higher return?

Do all companies payout the same ratio of market cap as dividend?

[abigail95]

You've missed the point of my questions. The GP here thinks they're giving away their monopoly status by doing buybacks.

I think there's zero point to having a monopoly if you don't distribute the profits.

If you have some argument that dividends are better than buybacks I don't care.