The goal of corporate finance is to maximize the wealth of the shareholders. Companies pursue this goal through their capital budgeting, financing and dividend decisions. Dividends paid out when a company makes a profit, and it is at this point that the company must decide whether to pay out dividends to its shareholders or reinvest the profits back into the company. Companies reward shareholders by providing dividends or share buy backs. Put yourself as the company shareholder, which one would you prefer the most? Dividend? Or share repurchases? And kindly state the reason of your choice.