Dividends versus capital gains choice - rights of recipient to specify payout method?

Suppose a non-Canadian company is issuing a large dividend to shareholders of which you are one. To a Canadian, foreign-originated dividends are fully taxable, but capital gains are only partially taxable. Could the shareholder legally require the company to pay the dividend amount out to him in the form of the company purchasing its own shares from him at current market share price for the amount of the dividend and in lieu of the dividend, so that he could avoid being taxed on half of the gain? If the company cannot be legally required to do this, is there some other method he could use to influence the company to do this, or to achieve the payout as a taxable gain rather than as a dividend?