Microsoft approves new $60 billion share buyback program

09/16/2024

Less than a minute

2024.09.16 18:31

(Reuters) -Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.

© Reuters. FILE PHOTO: The Microsoft logo is seen on an electronic billboard on an office building in New York City, July 28, 2015. REUTERS/Mike Segar/File Photo

The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter.

Microsoft (NASDAQ:) said it will hold its annual shareholders meeting on Dec. 10.

09/16/2024

Less than a minute

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