Microsoft Unveils $60 Billion Stock Buyback
Microsoft Raises Its Dividend 10% and Announces $60B Stock Buyback Program
Microsoft on Monday announced a $60 billion stock buyback program and a 10% boost to its quarterly dividend. The moves come as Microsoft faces pressure to show its spending on artificial intelligence (AI) is paying off.
Microsoft Unveils $60 Billion Stock Buyback: Time to Buy MSFT Stock?
Microsoft recently approved a stock-buyback program, a shareholder-friendly initiative. Microsoft’s new $60 billion share repurchase program is the third largest this year after stock buyback authorizations of $100 billion and $70 billion by Apple Inc. AAPL and Amazon.com, Inc. AMZN, respectively.
Microsoft Stock Drives Dow After Dividend Hike
Microsoft Corp (NASDAQ:MSFT) stock is up 2.3% to trade at $441.13 this morning, propping up the Dow, after the blue-chip tech titan announced a new $60 billion share buyback plan. Microsoft also hiked its quarterly dividend by 10.7% to 83 cents per share.
Why Microsoft Corp (MSFT) Stock is Currently 2.91% Above from Its 20-Day SMA?
Microsoft Corp (MSFT) stock saw a modest uptick, ending the day at $427 which represents a slight increase of $3.96 or 0.94% from the prior close of $423.04. The stock opened at $423.31 and touched a low of $419.
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Microsoft plans new $60 billion buyback, raises dividend 10%
Microsoft has raised its quarterly dividend 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago.
Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft (MSFT) knows how to keep long-term investors happy. The tech giant is returning another $60 billion in cash to shareholders through a new stock buyback plan and raised its dividend by more than 10%.
Microsoft announces biggest-ever share buyback scheme to help boost investment
Tech giant Microsoft revealed that its board of directors approved a new $60 billion stock-buyback program. The repurchase program has no expiration date and may be terminated at any time, according to the company’s statement.
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Microsoft Corp.
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