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Home Q & A Board Other Fields Homework Help Business Finance
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meganA meganA
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4 years ago
Share repurchases have a tax advantage over dividends because

▸ capital gains can be deferred by long-term investors.

▸ share repurchases increase the value of debt.

▸ repurchases are associated with increased customer loyalty.

▸ dividend payments are tax deductible.
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
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tlastertlaster
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4 years ago
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meganA Author
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4 years ago
This site is awesome
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Thanks
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Smart ... Thanks!
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