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meganA meganA
wrote...
Posts: 448
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
Authors:
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tlastertlaster
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Posts: 402
4 years ago
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meganA Author
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4 years ago
Thank you, thank you, thank you!
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Thanks
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2 hours ago
Just got PERFECT on my quiz
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