*[...] just like issuing a dividend. The difference between the two is mostly ho...

[...] just like issuing a dividend. The difference between the two is mostly how they are taxed

Why tax them differently? In Canada, share buybacks create "deemed dividends" to ensure equal treatment.

pedrocr on Nov 12, 2014 [–]

It's just been like that historically I guess. It's indeed fixable.