The summary of the given statement is summarized throughout the below segment.
Explanation:
Cash dividend declared:
The cash payment will be made by stakeholders as either revenue, as well as the company's stock decreases through the equal amount of payment announced each unit.
Consequently, the 'Modigliani and Miller' approach does not result throughout almost every gains or loss to particular stockholders
Buyback of Shares:
Throughout this scenario, the Business acquires up later the current owners' personal or existing interests.
Therefore that on the day of purchase, stockholders receive the identical payment.