RE: Share Buy backs12 Jul 2023 17:54
Buy backs are also the most tax efficient way to return cash to us. As someone has mentioned all a reverse split does is reduce the number of shares you own and increase the value by the same proportion, so the value you hold after the split is the same, and the dividends are the same. The ratio of free float of shares bring actively "traded" against shares held long term for investment stays the same with a reverse split. The ratio is reduced with buy backs, leading to long term increases in share price.