With share buybacks on the rise, John Tobin (Shareholder Yield Portfolio Manager, TD Epoch) joins Steve (Quality Capital Reinvestment Portfolio Manager, TD Epoch) to discuss how shareholders benefit when a company buys back its stock. He also explores why management teams should not try to time their buybacks. Finally, John and Steve explore the impact of the U.S. tax on buybacks that went into effect at the beginning of 2023.