okay so $GME just approved a $2 billion buyback and $BABA dropped a $1.05 cash dividend the same month

Buffett literally regretted the one time Berkshire paid a dividend in 1967 but the data shows dividends have accounted for roughly 40% of total stock returns since 1936

and buybacks only really work if you're buying below intrinsic value otherwise you're just destroying shareholder money

so which one actually wins and does it even matter in this rate environment?