Post by
drunk@noon on May 22, 2024 7:53am
you buy back shares first. Then dividend yeilds skyrocket
when they are issued on a lower share count. i.e you buy back 1/3 of your shares and a 10% dividend turns into a 15% dividend. Buy back is a no brainer vs special dividend it you understand basic math.
Comment by
Thestockguy on May 22, 2024 8:39am
The problem with ARG is that they generate cash precisely when their stock is at its highest. As a result, they buy back at the peak valuations and do not repurchase shares at the trough. Unfortunately, no recent repurchases near the 52 week low. Ideally repurchases take advantage of mispriced valuations to the downside.