The Meb Faber Show · Friday, October 2, 2026
Meb Faber explains that share repurchases offer a tax advantage for taxable investors, as they do not trigger the same immediate taxable event as dividends. The value is reflected in the share price, providing a subtler but potentially more beneficial return.
“For anyone less familiar, share repurchase or buyback returns profits much like a dividend, But for a taxable investor, it doesn't trigger the same taxable event.”
“The value is just subtler, reflected in the share price rather than landing in your brokerage account.”