Two questions on investing.

Question 1: Read the article and comment on what your think is a better way to reward shareholders and impact capital structure: Share Repurchase vs. Dividends. Make sure to justify your comment with “WHY”
Article: https://seekingalpha.com/article/1441371-share-buybacks-vs-dividends-which-is-more-beneficial
Question 2: Comment on your thoughts on both Active and Passive Investing as being successful in both the long term and short term time horizons.