directors conflict of interestI dont recall any discussion on the directors conflict of interest on share buyback versus dividends. Their preference is the buyback as it would result in most cases to a share price increase in their own holdings if it is lower than current price (which was not the case the last time). A dividend would distribute cash to their shareholders and would likely increase shareprices but increase the cost of future buybacks.
At the last meeting one executive expressed his personal preference for the buyback route.
At the moment I have a strong preference forr dividends.
i