7 ms·

yes, thank goodness Meta finally invented dividends.

• jldugger 2y ago
  was there a tax law change that motivated this versus more buybacks?
  • mtremsal 2y ago
    they're doing both?
    • jldugger 2y ago
      Sure, but why do both and why now?
      • 1024core 2y ago
        por que no los dos....?
        • jldugger 2y ago
          My expectation is that whatever logic held up last quarter held up this quarter. It's possible the optimal allocation is some of both, but what's the tradeoff that would drive that instead of one being mathematically superior to the other?
  • mrep 2y ago
    Yes, they've started taxing stock buybacks (albeit it started a year ago): https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-corporate-stock-repurchase-excise-tax-in-advance-of-forthcoming-regulations https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-...