Published 3 years ago

Microsoft announces share buyback of up to $60 billion, ups dividend

Summary by Reuters

-Microsoft Corp said on Tuesday its board had authorized a new share buyback program of up to $60 billion, while also raising the quarterly dividend by 11%. The new dividend of $0.62 per share is an increase of 6 cents over the previous quarter's dividend. Microsoft said the share buyback program, which has no expiration date, may be terminated at any time. The company's board also

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Times of India

Microsoft to buy back up to $60 bln in shares; names Brad Smith vice chair - ET Telecom

Microsoft said the buyback program has no expiration date and may be terminated at any time, and that it would pay a dividend of $0.62 per share

3 years ago·India

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Yahoo News

Microsoft to buy back up to $60 billion in shares; names Brad Smith vice chair

Microsoft said the buyback program has no expiration date and may be terminated at any time, and that it would pay a dividend of $0.62 per share - 6 cents over the previous quarter. The U.S. technology giant also called the vice chair position an updated executive role for Smith, who currently leads a team of over 1,500 staff in 54 countries, according to his biography on Microsoft's website. Smith joined Microsoft in 1993 from law firm Coving…

3 years ago·Los Angeles, United States

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Reuters

Microsoft announces share buyback of up to $60 billion, ups dividend

3 years ago·United Kingdom

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OAN

Microsoft announces share buyback program of up to $60 billion

September 14, 2021(Reuters) – Microsoft Corp said on Tuesday its board had authorized a new share buyback program of up to $60 billion.Microsoft’s board also increased the quarterly dividend by 11%, the company added. (Reporting by Shubham Kalia in Bengaluru; Editing by Anil D’Silva)

3 years ago·San Diego, United States

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Live Mint

Microsoft announces share buyback of up to $60 billion, ups dividend

The new dividend of $0.62 per share is an increase of 6 cents over the previous quarter's dividend.

3 years ago·New Delhi, India

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Daily Maverick

Business Maverick: Microsoft Names Smith Vice Chair, Starts $60 Billion Buyback

Microsoft Corp., the world’s largest software maker, appointed President and Chief Legal Officer Brad Smith as vice chair and unveiled a new stock-repurchase program of as much as $60 billion.

3 years ago·South Africa

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