If they're paying me by sending money and calling it a dividend it's the same as if they say they're repurchasing my shares.

如果他们寄钱来,称之为股利,和称之为股票回购是没有区别的

耶鲁公开课 - 金融市场课程节选

If they're sending out money, the value of the company has to go down by whatever they sent out.

如果他们发放现金的话,公司的价值将降低相同数量,不管是以什么方式

耶鲁公开课 - 金融市场课程节选