There seems to be a lot of discussion about stock buybacks vs. dividends. Note that Apple also announced an increase of their dividend from $0.24/share to $0.25/share[0], so they are both repurchasing stock and paying out more in dividends.
Also, the Inflation Reduction Act introduced a 1% tax on stock buybacks starting in 2023[1], so there is still in some sense a tax impact on the remaining shareholders.
Also, the Inflation Reduction Act introduced a 1% tax on stock buybacks starting in 2023[1], so there is still in some sense a tax impact on the remaining shareholders.
[0]https://www.apple.com/newsroom/2024/05/apple-reports-second-...
[1]https://www.irs.gov/newsroom/treasury-and-irs-announce-new-r...