I beg your pardon.
You are aware that you were asking for the ROI of the dividends, although the answer to that question was 2 posts above it?
I seriously meant to make it easier for you to get the information by formatting the relevant information in bold letters.
The impact of buybacks is very difficult to calculate, because you have no information about how the rate would have moved without buybacks.
In general the assumption seems to be valid, that buybacks increase the value of a corporation through three ways:
- creating demand
- increasing scarcity
- increasing the future dividends per share