Alot of factors involved in what would be better for share holders. Personally i think buy backs during times of high share price are a misuse of capital, if anything id rather see them hold onto some money and start buy backs when there is price weakness as it shows ongoing confidence and provides better bang for buck.
Dividends I think are better for the current situation.
But it all comes down to the individual what will be better as buy backs mean you need to sell shares, causing a capital gains event. Whereas dividends count as income.
So the tax implications can vary greatly if you have banked capital losses.
NHC Price at posting:
$5.54 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)