The Veil Acts Company just announced that instead of a regular dividend this quarter, it will be

Question:

The Veil Acts Company just announced that instead of a regular this quarter, it will be repurchasing shares using the same amount of cash that would have been paid in the suspended Should this be a positive or negative signal from the firm?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...