What is NOT an advantage of spending more money on stock repurchases and less on dividends?

A$.$Investors may prefer more regular cash payouts $($Bird in Hand Theory$)$ and dividend yield provides more of a floor for the stock price.

B$.$It enables shareholders to decide themselves if they want to have a taxable event $($through selling stock rather than automatically paying taxes with a dividend$).$

C$.$A company has more flexibility to reduce $($not do$)$ repurchases than they do to cut dividends $($less market reaction$)$

D$.$Repurchases can be used to offset employee stock compensation