This is the main reason that I dislike stock buy backs, they reduce R&D investment.
If you want to give your investors a prize, pay a dividend. Otherwise, invest in your company!
Usually comp structures look at multiple metrics that owners want to see. Owners prefer stock price to dividends, so they reward it more.
This is the main reason that I dislike stock buy backs, they reduce R&D investment.
If you want to give your investors a prize, pay a dividend. Otherwise, invest in your company!